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Judge: Avant can sell software - A federal court has formally declined to issue an order to stop Avant from selling its Aquarius electrical engineering software, a product that Avant's main competitor alleges is based on stolen computer code. [News.com]
 
Justice to probe MCI divestiture - A Justice Department spokeswoman said yesterday that the government will review MCI Communications' $625 million sale of its Internet broadband business along with the company's proposed merger with WorldCom. [News.com]
 
K-Tel offers Billboard charts - K-Tel is continuing its ride on the Net wave today, announcing that it will publish Billboard magazine's album, singles, and video charts each week on its Web site. [News.com]
 
K-Tel tunes into @Home - K-Tel International said today it has signed a comprehensive Internet marketing and services agreement with @Home Network, a provider of high-speed Internet services via the cable infrastructure. [News.com]
 
Katmai prototypes out this summer - Software developers will receive prototypes of "Katmai" processors along with related software tools this summer, as part of Intel's effort to get the ball rolling on its next generation of chip technology. [News.com]
 
KeyCorp offers Net payment service - Transaction system supplier KeyCorp said today that it has launched a new secure payment service for Internet merchants enabling customers to pay for goods by credit card. [News.com]
 
Kingston drops memory prices - Memory circuit board maker Kingston Technology said it has cut prices on its memory products, bringing a select number of its 64MB products to a price of $199 or lower. [News.com]
 
Kmart ups online offerings - Kmart this week unveiled a new electronic catalog that will allow shoppers to buy washing machines, personal computers, and flowers online. [News.com]
 
Kodak ups digital camera ante - Kodak upped the ante in the digital imaging game today, introducing two high-resolution cameras with advanced connection technology that cost under $1,000. [News.com]
 
Kodak, AOL offer photos online - America Online and Eastman Kodak said in a joint statement today that they would offer AOL members the ability to have their pictures delivered directly to them via the online service. [News.com]
 
LG in Zenith reorganization talks - LG Electronics said it is in talks to reorganize its majority-owned Zenith Electronics, which may include discussion about the sale of Zenith assets or a substantial change in its capitalization. [News.com]
 
Layoffs loom in Compaq-DEC deal - Compaq Computer disclosed for the first time today that the restructuring charge it will incur as a result of its megamerger with Digital Equipment will exceed $1 billion and include workforce reductions that some analysts estimate will affect at least 10,000 employees. [News.com]
 
Learning Co. to acquire PF. Magic - In another sign of consolidation in the educational software market, the Learning Company today announced plans to acquire virtual pet software maker PF.Magic. [News.com]
 
Lexmark names CEO - Paul Curlander was named president and chief executive of Lexmark International Group as part of a senior management restructuring at the maker of computer printers and office imaging products, the company said today. [News.com]
 
Library sued for not filtering Net - A Livermore, California, parent is hoping that a lawsuit she filed against the city will legally persuade it to install filtering software on its library computers that have Internet access--or otherwise limit children's unfettered access to the Net. [News.com]
 
Linux gains converts - As a free flavor of Unix turns heads on the Web, other companies clamor to enter developers' homes by offering their source code for free. In addition to its can't-beat-it price tag, Linux also offers users the freedom and creativity to meld the operating system to meet their needs. [News.com]
 
Logitech unveils new keyboards - Logitech announced two keyboards with programmable buttons for use with Web browsers and Windows 95. [News.com]
 
London area in Net experiment - It looks like a normal street, but behind the elegant 19th-century facades, residents are taking part in an experiment to create a community of the future. [News.com]
 
LookSmart enters search game - It may be show time for LookSmart. [News.com]
 
Looming suits hit Microsoft shares - Microsoft stock fell today amid renewed speculation that antitrust regulators would file another lawsuit against the software giant next week. [News.com]
 
 

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