TiVo (TIVO +1.5%) edges higher after striking a deal with PayPal (EBAY) to integrate the...


TiVo (TIVO +1.5%) edges higher after striking a deal with PayPal (EBAY) to integrate the latter's payment services with its set-top boxes. The deal will allow consumers to use PayPal to buy products featured in ads within TiVo's user interface/program guide. TiVo says it will work with advertisers and agencies to develop PayPal-enabled ads, with the first ones arriving this fall.

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