Internet giant Yahoo is going after Microsoft territory, having recently acquired Meedio, a small software company that specializes in turning the PC into a digital hub for the living room. Microsoft
chair Bill Gates has long dreamed of turning the PC into the digital media hub of the modern home, syncing the PC, television, stereo, phone, and anything else to an Internet-enabled hub. It would
appear that Yahoo is not going to let Microsoft go down that route alone. According to CNET, Yahoo purchased the rights to most of Meedio's technology and all of its intellectual property, but not its
software products. Financial terms were not disclosed. Among the services offered by the company are access to digital music, video, and TiVo-like DVR services from the PC or TV remote control.
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