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Kulicke & Soffa foresees loss - Kulicke & Soffa Industries (KLIC) said late yesterday that a major customer, possibly Intel, had canceled an order, and the company expected to report a net loss for its quarter ending in June instead of the profit Wall Street had expected. [News.com]
 
Layoffs in Intel earnings wake - Intel (INTC) reported revenues of $6 billion and earnings of $1.3 billion or 72 cents a share, a significant decline in profitability from last quarter and the year-ago period. [News.com]
 
Legal foes do Net deal - When it comes to dealmaking on the Internet, even lawsuits can bring companies together. [News.com]
 
Lessig fight still on - In court documents filed today in federal court, Microsoft and the Justice Department traded jabs over a computer expert who was appointed to sift through evidence in the high-profile court battle between the two parties. [News.com]
 
Level 8 updates middleware tool - Level 8 Systems today said it is shipping software that adds a powerful new capability to message queuing middleware from Microsoft and IBM. [News.com]
 
Lightbridge to come up short - Lightbridge, a provider of software-based services for telecommunications carriers, said today that it expects first-quarter diluted earnings of 1 cent per share, compared with 11 cents per share a year ago. [News.com]
 
Lotus bug threatens imported data - A bug in Lotus 1-2-3 97 can cause users to lose data when importing files, the company confirmed today. [News.com]
 
Low-cost PCs plague CompUSA - Computer retailer CompUSA's (CPU) stock fell again today after plunging yesterday, the latest casualty of the big drop in personal computer prices. [News.com]
 
Lucent market cap surpasses AT&T - Lucent Technologies' market value surged past $100 billion today, topping that of its onetime parent, AT&T. [News.com]
 
Lucent to buy Yurie Systems - Lucent Technologies has agreed to acquire Yurie Systems, a maker of data, voice, and video networking equipment, for $35 cash per share, or a total of about $1 billion. [News.com]
 
Lucent, Matsushita team on digital TV - PC-TV convergence took another step forward today when Lucent and Matsushita announced that they have created a circuit board design that will make it easier for computer vendors to incorporate digital TV functionality into their PCs. [News.com]
 
Lycos pushes into portal niche - In the latest of a steady string of deals intended to fertilize Lycos's growth into a full-fledged portal, the search site today added an automated search directory. [News.com]
 
Lycos strikes gold in deals - Net search firm Lycos (LCOS) has inked six deals totaling $30 million, the company said today. [News.com]
 
Lycos to start online service - Search site Lycos is teaming up with an Internet service provider to offer Lycos Online, a Web-based online service, the firm's chief executive said today. [News.com]
 
Lycos ups portal ante - Search firm Lycos (LCOS) today added to its recent onslaught of announcements an expansion into Japan, coverage of an upcoming Mount Everest climb, and a new partnership in its career channel. [News.com]
 
MCI revises its books - MCI Communications said today that it will take most of a charge removed from its fourth-quarter results in the first half of this year. [News.com]
 
MCI, NBC prepare for HDTV - MCI Communications will offer digital TV service trials that include the HDTV (high-definition TV) format later this year, while NBC has decided its initial digital TV broadcasts will feature a lower-resolution signal. [News.com]
 
MS drops channel requirement - Microsoft said today that it is giving computer manufacturers the option of shipping a version of Windows 98 that hides a controversial feature called the "Active Channel Bar." [News.com]
 
MS-Netscape meeting questioned - Federal prosecutors are investigating Microsoft for allegedly trying to persuade Netscape Communications to market only Web browsers for non-Windows operating systems, according to a report. [News.com]
 
MSNBC expands business, travel - Aiming to capitalize on the boom in business and travel sites, MSNBC is expanding sections in those two areas on its Web site. [News.com]
 
 

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