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TiVo names Motorola's Moloney to its board

SAN JOSE, Calif. (AP) -- TiVo said Friday it has named former Motorola Mobility president Daniel Moloney to its board of directors.

TiVo Inc. said Moloney was appointed on Wednesday. The move expands TiVo's board to eight directors.

Moloney worked at cellphone maker Motorola Inc. for more than a decade. Motorola Mobility was spun off as a separate company in 2011 and was acquired by Google Inc. in 2012 for $12.4 billion.

Tivo shares slipped a penny to $12.20 in morning trading.