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Word: controls (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Coercing, Exploiting. In a civil antitrust suit filed at the U.S. District Court in St. Paul, Control Data said that IBM's "manipulations" had caused it "substantial and irreparable" losses and demanded treble damages. The complaint charges IBM with 37 violations of the Sherman Act, accuses the company of "coercing," "interfering," "intimidating" and "exploiting." Among other things, Control Data asserts that IBM sold or leased some models at a loss to hinder competition, that it interfered in its customers' negotiations with competitors, and that it was guilty of "misrepresenting the status and performance" of its own prematurely announced...

Author: /time Magazine | Title: Computers: Tackling IBM | 12/20/1968 | See Source »

...Control Data filed suit partly because it became convinced that the Justice Department would not act against IBM. As expected, IBM vowed to "vigorously defend" itself against the charges brought by what it called its "spectacularly successful competitor." It said that the industry, far from being noncompetitive, includes some of the country's most powerful companies.* Then too, the history of Control Data, which was started by Norris only eleven years ago, demonstrates that IBM competitors can succeed. In about a decade, IBM noted, Control Data's assets have grown from less than...

Author: /time Magazine | Title: Computers: Tackling IBM | 12/20/1968 | See Source »

...mellower moments, Norris seemed content to let Watson's IBM hold the overwhelming lead: "I want Control Data to be the Ford of the com puter industry." Though few people expect that IBM will be broken up, Control Data's suit may force the giant to back up a step or two. At the very least, it may prevent premature announcements of computers that are not quite ready to live up to expectations...

Author: /time Magazine | Title: Computers: Tackling IBM | 12/20/1968 | See Source »

...Including Sperry Rand (Univac) with 5.8% of the $5.91 million computer market in 1967, Honeywell with 5.4%, General Electric with 4.1%, RCA with 3%, NCR with 2.4% and Burroughs with 1.8%. Control Data was in fifth place with 3.4%, while IBM held an overwhelming lead with...

Author: /time Magazine | Title: Computers: Tackling IBM | 12/20/1968 | See Source »

Locked onto its target by a combination of control jets and spinning inertia wheels, OAO for several hours examined the ultraviolet emissions, telemetering its findings back to earth...

Author: /time Magazine | Title: Astronomy: Observatory in the Sky | 12/20/1968 | See Source »

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