Word: discs
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Dates: during 1980-1989
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...inside of the machine and teased them with promises of fame when the computer came out. Last year when the Mac group moved into a larger home, Jobs spent $ 1 million on decor. The building now has an atrium and fake skylights. He also installed a Toshiba Compact Digital Disc player and 6-ft. tall Martin-Logan speakers that play classical and rock music 24 hours...
...number of company founders have claimed paper profits in the tens of millions of dollars. Several have registered gains of $100 million or more, making them, overnight, some of the richest people in the U.S. The winners in the going public game include a Korean immigrant, a former disc jockey, a onetime airplane mechanic, a theater critic-turned-stock analyst, a college dropout, an engineer-turned-stock analyst-turned-financier, and a molecular biologist...
Mitchell Kapor, 33, founder of Lotus Development, a computer software company. A Brooklyn-born math whiz, Kapor graduated from Yale at 20, then dabbled as a disc jockey, an instructor in Transcendental Meditation and a mental-hospital counselor. Little commanded his attention until he impulsively traded in his stereo system for an Apple II computer. Within a few months, he wrote two computer programs that create charts and graphs for businesses and sold them to a software distributor for $1.2 million. With royalties from the programs and backing from venture capitalists, he founded Lotus Development...
...steering is to develop still more high-technology products. Despite falling profits, the firm spent 8% of last year's sales on research and development, compared with the industry average of 5% to 6%. Some of the laboratory projects have already hit Main Street. One, the compact-digital-disc player, has been hailed as the likely replacement for today's stereo systems. The players use beams of light, rather than needles, to play 4.7-in. silvery discs. Sony last year sold 150,000, or half, of all the CDs purchased in Japan, for prices starting at $495. Sony...
Another routine used the overused device of George Orwell's Nineteen Eighty-Four, a theme that has already become a parody of itself. It did have its clever moments, though: in this brave new world, Studio 54 became the Ministry of Fun and a stentorian disc jockey commanded the dancers, "Fellow citizens, do the Pony...