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Lotus still bullish on Asia Pacific
- Software company Lotus Development is still bullish about the Asia Pacific market despite Asia's economic crisis, a senior company executive said today. [News.com]
Lotus, Sun show faith in NC
- Standing by their commitment to the network computer, Lotus Development, a subsidiary of IBM, and Sun Microsystems said they will show off new applications next week. [News.com]
Lotus: Acer vexed about Microsoft
- Computer maker Acer America expressed concern about jeopardizing its relationship with Microsoft during negotiations to buy rival software from Lotus Development, a Senate panel heard yesterday. [News.com]
Love Hearts updated, technically
- Love Heart sweets--passed for generations between the hands of British children to declare the first blush of romance--are moving into the computer age. [News.com]
Lucent bids $70 million for JNA
- Telecommunications systems giant Lucent Technologies said late yesterday that it plans to acquire Australian telecommunications equipment maker JNA Telecommunications for $70 million in cash. [News.com]
Lucent posts loss, beats estimates
- Lucent Technologies today posted a third-quarter loss due to acquisition-related charges but still beat Wall Street expectations amid strong revenue growth and higher gross profit margins. [News.com]
Lucent signs Saudi telecom deals
- Lucent Technologies said today that it has been awarded two new contracts with Saudi Telecommunications valued at $810 million in total. [News.com]
Lucent to acquire LanNet
- Lucent Technologies today said it will acquire LanNet, a supplier of next-generation Ethernet and Asynchronous Transfer Mode (ATM) switching technologies for local area networks, for $117 million in cash. [News.com]
Lycos plans stock split
- Lycos today became the latest Internet company to announce a 2-for-1 stock split, joining Amazon.com, Excite, and K-Tel on a growing list. [News.com]
Lycos to focus on community
- Lycos president and chief executive Robert Davis said today that a sense of community is an essential aspect of the Internet, and his search engine company plans to encourage just that. [News.com]
MCI beats Street estimates
- Telecommunications giant MCI Communications today beat Wall Street earnings expectations by posting an increase of nearly 11 percent in second quarter revenue, citing a growth in sales of data, conferencing, and managed services. [News.com]
MRP veteran Mapics going strong
- One of the original names in material requirements planning (MRP) is still chugging away--turning profits and finding itself in a good position as all eyes turn to the middle market for the next wave of growth in enterprise-level software sales. [News.com]
MSN adds instant messaging
- Microsoft today unveiled plans to add an instant messaging client to its laundry list of Web-based services, the latest in a string of rollouts that will build on its Internet portal efforts. [News.com]
MTV to launch Net TV channel
- Viacom's MTV Networks Europe and Internet service provider PSINet announced plans today to launch Europe's first continuously broadcasting TV channel on the Internet. [News.com]
Mac OS 8.5 due in September
- Mac OS 8.5, previously known as Allegro, will start to ship by "late in the third quarter," according to Apple Computer executives here at the Macworld trade show, which means the software ought to be in customers' hands by September. [News.com]
Macintosh demand to eat supply
- With Apple Computer expected to cut prices on its Power Macintosh G3 systems early next month, vendors are concerned that they might run out of inventory before a new line of Power Macs is available to replace them. [News.com]
Macromedia beats expectations
- Macromedia gave Wall Street an upside surprise today, posting stronger-than-expected first-quarter results as it got a boost from its new Web products. [News.com]
Macromedia chairman steps down
- Longtime Macromedia chairman Bud Colligan will step down later this month, and will be replaced by the company's chief executive, Rob Burgess, who now will hold both titles, the company said today. [News.com]
Macromedia launches Net "dance club"
- ShockRave, Macromedia's entertainment site, wants to become the MTV of the Net. Toward that goal, today it is launching what it is billing as "the Web's first interactive dance club." [News.com]
Macromedia on a comeback
- Macromedia shares rose more than a point to $17.50 on June 9 after it was announced that its Flash technology would be used in Netscape Communications' browser. [News.com]
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