King Estate and CBS Settle Suit Over Rights to Famous Speech
Date: 14 July 2000
By David Firestone
David Firestone
Estate of Rev Dr Martin Luther King Jr, in exchange for cash payment, drops its lawsuit against CBS News over rights to King's 1963 'I Have a Dream' speech; payment, amount of which is not disclosed, will be made as contribution to King Center for Social Change; CBS will retain right to use and license its film of speech (M)
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On U.S. TV, Mideast's Talking Heads Turn Downright Neighborly
Date: 13 July 2000
By Deborah Sontag
Deborah Sontag
Avraham Burg, Israeli Parliament speaker, and Hanan Ashrawi, a Palestinian legislator, set lighthearted and friendly tone as they debate peace issues on CNN's Crossfire; television appearance, amid news coverage of Camp David summit, exposes a reality that ordinary Israelis and Palestinians do not get to see at home: the real familiarity that has grown during seven-year conversation between elite strata of the two sides; photo (M)
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PACKETEER IN STOCK DEAL FOR WORKFIRE TECHNOLOGIES
Date: 14 July 2000
By Bloomberg News
Bloomberg News
Packeteer Inc, maker of software that manages Internet data flow, will acquire Workfire Technologies International for $73 million in stock (S)
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LOCKHEED MARTIN IS SELLING THREE BUSINESSES TO BAE
Date: 14 July 2000
By Bloomberg News
Bloomberg News
Lockheed Martin Corp sells its Sanders aerospace electronics unit, Fairchild Systems unit and space and communications unit to North American subsidiary of BAE Systems of Britain for $1.67 billion in cash (M)
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LUCENT WILL COMBINE OPERATIONS WITH USA DIGITAL RADIO
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Lucent's Digital Radio unit and closely-held USA Digital Radio to combine operations; new company, iBiquity Digital Corp, will develop and license technology enabling broadcasters to offer digital radio services (S)
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DELPHI AUTOMOTIVE TO SHED 900 MANUFACTURING WORKERS
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Delphi Automotive Systems, largest auto-parts maker, to dismiss about 900 manufacturing workers in France, Britain and Poland as part of cost-cutting reorganization (S)
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JUNIPER NETWORKS IS BUYING 80 ACRES FOR AN EXPANSION
Date: 14 July 2000
By Bloomberg News
Bloomberg News
Juniper Networks, top rival to Cisco Systems in data routers, agrees to buy 80 acres in Silicon Valley from Lockheed Martin Corp for $190 million to expand its headquarters; company's employees have more than doubled to 570 from 260 a year ego (S)
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ROYAL DUTCH/SHELL IS SELLING CHEMICAL UNIT TO APOLLO
Date: 14 July 2000
By Bloomberg News
Bloomberg News
Royal Dutch/Shell Group sells Resins and Versatics chemicals unit to Apollo Management for undisclosed sum; Marvin O Schlanger, former president and chief executive of Arco Chemical, will be chairman of new company (S)
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HEWLETT-PACKARD PLANS TO HIRE 2,500 OVER THREE YEARS
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Hewlett-Packard Co, No. 2 computer maker, to hire about 2,500 consultants and technicians over next three years (S)
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MICROSOFT BUYS NETGAMES USA TO ADD TO ITS GAMING SITE
Date: 13 July 2000
By Bloomberg News
Bloomberg News
Microsoft Corp acquires NetGames USA Inc to add to its Zone.com Internet games site (S)
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