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* Loudeye Technologies Inc. said it had struck a pact to provide America Online, the Internet unit of AOL Time Warner Inc., with music services. Shares of Loudeye jumped 26 cents, or 24%, to $1.34 in heavy trading on Nasdaq, but are still off about 90% from year-earlier levels. AOL Time Warner closed up 10 cents at $51.10 on the Big Board.

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* Online financial news provider MarketWatch.com Inc. said it would cut more than 15% of its work force as part of an effort to cut costs. The San Francisco-based company had a work force of 255 people at the end of the first quarter.

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* Telecommunications provider McLeodUSA Inc. announced it will eliminate 500 to 600 jobs, up to 5% of its work force. McLeodUSA said the job cuts would help reduce capital expenditures by $250 million this year and an additional $50 million in 2002.

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