Amazon developing device that records live TV, can challenge TiVo: Source

Currently, Fire TVs stream live content via the Amazon Channels service

Amazon.com is developing a new device that records live TV, working around cable providers and encroaching on TiVo’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. They asked not to be identified discussing unannounced product details. An Amazon spokeswoman declined to comment.
 

The Frank DVR has the same wireless technology that Amazon’s Echo speakers use