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KPMG says IT key to revenue gains - Professional services firm KPMG International is crediting IT and management consulting for a healthy chunk of its 15 percent revenue leap this year. [News.com]
 
Keane expands management team - IT consulting firm Keane today expanded its senior management team, appointing two new area vice presidents. [News.com]
 
Kmart builds "fun" site - Kmart, the third-largest U.S. retailer, plans to use the Internet to broaden its product offerings beyond its store shelves. [News.com]
 
Kmart estimates Y2K costs at $75 million - Kmart, the third-largest U.S. retailer, estimated the total cost of its year 2000 computer compliance program at $75 million, with $5 million incurred in 1997 and $33 million so far this year. [News.com]
 
Korean Air, IBM in outsourcing deal - Korean Air is catching a flight with IBM Global Networks. [News.com]
 
LG, Hyundai merger unsure - South Korean chipmaker LG Semicon may seek financing abroad if local financial institutions maintain their freeze on fresh credits, the company's chief executive officer said today. [News.com]
 
Latching on to Linux - Linux has sprung into a Net-based software phenomenon, with a 212-percent growth rate that outpaces Windows NT, NetWare, and Unix. And with a new software maker pledging Linux support every week, analysts say the free operating system source code is becoming a legitimate competitor to Windows NT. [News.com]
 
Late shoppers flock to Net - Online merchants say online holiday shopping boomed, but analysts say the real challenge lies ahead--turning holiday shoppers into regular customers. [News.com]
 
Leading the cable charge - Cable operators, hungry for new revenue streams envisioned through the introduction of new technologies, will need to roll out their products quickly while keeping prices down, industry experts said today. [News.com]
 
Learning Company sued to stop Mattel buy - The Learning Company, the world's second-largest educational and entertainment software company after Microsoft, was sued by shareholders who say a $3.8 billion stock-swap acquisition by Mattel would not give them enough money for their shares. [News.com]
 
Lernout shares may fall on SEC review - Lernout & Hauspie Speech Products, whose shares have fallen about 50 percent from a high of 68 for the year, may drop further on fears it will have to restate earnings because of a Securities and Exchange Commission review, according to reports. [News.com]
 
Linux database support comes at a price - Linux database software is here, but you might have to work a bit harder to find technical support. [News.com]
 
Linux shipments up 212 percent - Shipments of the Linux operating system surged by 212 percent in 1998, a growth rate that outpaced Windows NT, NetWare, Unix, and all others in the server market, according to a new study. [News.com]
 
Live Picture chief quits - Live Picture chief executive Kate Mitchell resigned from the Web imaging company during the past week just as the company slowly began to readjust its business strategy, a company executive said today. [News.com]
 
Live Picture out of focus? - Earlier this month, Live Picture issued a round of job cuts, restructured its operations, and saw chief executive Kate Mitchell resign. [News.com]
 
Lockheed gives up IRS contract fight - Lockheed Martin will not fight its lost bid for the huge IRS computer modernization contract. [News.com]
 
Lockheed may still fight for IRS deal - After meeting with the Internal Revenue Service, Lockheed Martin is now debating whether to appeal last week's loss of a contract to revamp the agency's computer systems. [News.com]
 
Lockheed, CSC vie for IRS contract - Never have so many waited for the IRS to call. [News.com]
 
LookSmart abstains from adult advertising - In a move aimed at its "growing mainstream audience," Web directory LookSmart today said it will no longer accept pornographic ads on its site. [News.com]
 
Looking back at '98, looking forward to '99 - Internet and technology time did not slow in 1998, with sweeping changes taking place all over the sector. CNET News.com examines the events that shaped the year and how they will affect the months to come. [News.com]
 
 

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