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Korean chipmakers to merge - Two top South Korean computer chipmakers have agreed to merge, but analysts said chances were dim that the deal would be actualized in the near future. [News.com]
 
Lawmakers examine privacy bill - Web sites that gather personal details from children came under scrutiny once again today when lawmakers met over a bill that would require data collectors to get parental permission before accepting private information from preteens. [News.com]
 
Lawson debuts self-service apps - Lawson Software wants users to get off IS's back and customize their own applications. [News.com]
 
Learning Company to cut 500 jobs - Education software maker the Learning Company said today that it will cut about 500 jobs and consolidate certain facilities as it integrates its purchase of Broderbund Software, the maker of software under the Myst and Carmen Sandiego titles. [News.com]
 
Level 3 to buy German ISP - Level 3 Communications announced today that it has purchased miknet Internet Based Services, a German Internet service provider based in Frankfurt. [News.com]
 
Level 3, Qwest reach out to Net - The new generation of telephone companies is making waves once again as it purchases its way onto the Internet. In the latest example, Level 3 acquired a German Internet service provider, just one day after Qwest Communications bought Icon CMT, an Internet services company. Qwest's CEO now predicts his company will be worth $3 billion by the end of the year. [News.com]
 
Liberty Media's interactive venture - Liberty Media announced it is forming a new venture to focus on the development of interactive programming and content for emerging new media platforms. [News.com]
 
Linux in the limelight - Red Hat's chief hails the new investments in his company by heavy hitters Intel and Netscape, which are now among a legion of players backing Linux. [News.com]
 
Lockheed plans to buy Comsat - Stock in defense contractor Lockheed Martin closed lower today after it agreed to acquire satellite communications provider Comsat yesterday in a two-step deal worth about $2.7 billion. [News.com]
 
Longtime MCI exec to retire - A longtime entrenched MCI Communications executive announced he plans to retire at the end of this year from the recently merged MCI WorldCom. [News.com]
 
Lotus details eSuite upgrade - As expected, Lotus Development today rolled out the latest version of its Java-based desktop applications suite. [News.com]
 
Lotus rolls out Organizer 5.0 - Lotus Development this month will roll out the latest version of its personal information manager and launch a new campaign intended to retain its cc:Mail customer base. [News.com]
 
Lotus shows off Domino tools - Lotus Development today continued to show off a number of its product families in the Web server, document management, and Web application hosting markets to its European customers. [News.com]
 
Lotus: Price cuts for everyone - Lotus Development isn't happy with just enticing the huge customer base of cc:Mail customers with cheap upgrade offers for Notes and Domino. [News.com]
 
Low-cost chip war intensifies - Like two late-night TV pitchmen, Intel and Advanced Micro Devices will both be vying for the right to say they will not be undersold when it comes to low-cost processors this fall. [News.com]
 
Low-income folks buying PCs - Low-income households, enticed by the lure of low-cost PCs and the Internet, will be the leading source of first-time PC buyers in 1999, according to a report from a marketing research firm. [News.com]
 
Lucent wins $30 million deal - Lucent Technologies said it received a $30 million contract to build Jabatan Telekom Brunei's telecommunications network infrastructure. [News.com]
 
MCI WorldCom charges reduced - In a filing with the Securities and Exchange Commission, MCI WorldCom said it has reduced the amount of research costs it expects to write off for the merger of MCI Communications and WorldCom. [News.com]
 
MS hears Linux's footsteps - Microsoft said today in a filing with the Securities and Exchange Commission it expects its Windows operating system to have more competition from rival operating systems such as Linux. [News.com]
 
MS motions for contempt of court - Microsoft has accused Caldera of being in contempt of court for allegedly violating a protective order issued in their bitter antitrust case, both sides confirmed. [News.com]
 
 

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