Comment on Amazon working on live TV recorder, challenging Tivo

Amazon.com is developing a new device that records live TV, working around cable providers and encroaching on TiVo Corp.’s market, according to a person familiar with the plans. The device, dubbed “Frank” inside Amazon, is a new type of digital video recorder for the streaming era. It would include physical storage and connect to Amazon’s existing Fire TV boxes, the living room hub for the company’s online video efforts, according to the person.