Word: chip
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Dates: during 1980-1989
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Prime Minister Margaret Thatcher indicated as much in a letter last February to Chinese Premier Zhao Ziyang. The letter did not explicitly concede sovereignty, which London wants to hold as a bargaining chip, but it did, in the words of a Western diplomat, send the Chinese "a very broad signal." As the diplomat loosely paraphrased it, the letter said: "We know you will gain sovereignty, but before we put things down in black and white let's see what you have in mind for administering Hong Kong...
...imperiled is Chicago's enduring sense of superiority over Los Angeles. Asserts Joseph Harmon, president of Chicago's convention and tourism bureau: "The bottom line is people know they can come here and still make a buck." Sniffed Chicago Sun-Times Columnist Mike Royko: "So, a buffalo chip is bigger than a diamond." But at least one Chicagoan has already adapted to reality. Three years ago Tricia Fox opened the Second City Day School. Now she has seven and calls them the Fox Day Schools. "I didn't want to change the name every time the city...
...outside suppliers and is selling it through retail outlets like Sears and ComputerLand, as well as its own sales network. The company has begun offering discount prices and introducing new products at an accelerated rate. Last December IBM spent $250 million to acquire 12% of Intel, a leading computer-chip maker based in Santa Clara, Calif. In June IBM paid $228 million for a 15% stake in Rolm, also of Santa Clara, a major producer of telecommunications equipment. IBM plans to use Rolm to help create the so-called electronic office. Says Ulric Weil, a top computer analyst for Morgan...
Another challenge came from California's Silicon Valley, where the microprocessor, or computer-on-a-chip, was developed. The tiny devices packed thousands of circuits onto a postage-stamp-size silicon chip and gave rise to the microcomputer. Apple recognized the potentially vast appeal of personal computing, and its sales jumped from less than $1 million to $582 million between...
Virtually every President from Herbert Hoover to Ronald Reagan has conspired, if a bit reluctantly, to validate the legislative veto. From its first use, in a Government reorganization bill signed 51 years ago this week, it has been a bargaining chip: in exchange for a small concession of power, a President gets the legislation he wants...