Amazon seems to be ever looking to expand its businesses. Just yesterday we reported on the potential Amazon has for acquiring Landmark Theaters, and today its rumored that Amazon is working on a device that has the ability to record live TV, letting users play content back on phones and other devices at a later time.
This rumored device will take on the likes of TiVo, and would potentially give the company a run for its money. Amazon, who produces its some of its own Prime content, could really benefit from this function.