Erik Huggers

It was a poorly kept secret to begin with, but now it has finally been revealed: Intel is indeed developing an Internet TV service and a set-top box to boot.

Speaking at D: Dive Into Media Tuesday, Erik Huggers, corporate vice president at Intel Media, confirmed rumors that have been circulating for months.

"We have been working for about a year now to set up a group called Intel Media," Huggers said "It's a new division with new people - people [we've hired] from Apple, Netflix and Google. And it's devoted to developing

Both tech giants are rumored to be developing television products for this year or next. Here's how they (might) stack up.

Intel TV

What we know: Not a whole lot. According to a report this week from The Wall Street Journal, the group in charge of Intel's TV strategy, dubbed Intel Media, is run by Erik Huggers, a corporate VP who once worked for the BBC and Microsoft. A set-top box may be in the works touting speech and face recognition, as well as social features, making for more

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