Wednesday, April 19, 2006

Meedio Bought By Yahoo

Meedio, a company that makes software that turns your PC into a DVR (digital video recorder) like TiVo, sold most of their technology to Yahoo they announced on Monday. This is good news for Yahoo, but bad news for existing Meedio users. Yahoo has launched "Yahoo Go" and they plan to offer a TV portion, which is not a Go yet (no pun intended), but when it is Meedio will be the software that people use. Existing users are not happy because Meedio has currently been slowing down support and services, plus they even stopped selling their products.

On a side note, Meedio has planned on changing their name to PsyKoh, and several of the top executives have joined Yahoo's Digital Home sector.

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