Word: founder
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Dates: during 1980-1989
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Many people in the computer industry were unhappy last week when shares of Microsoft fell almost 14% in one day. But no one felt the sting more than William Gates, 33, the boyish-looking co-founder and chairman of the software- manufacturing firm. His 38% stake in Microsoft left him nearly $175 million poorer -- on paper. (His shares are still worth $1.1 billion.) Investors dumped the stock after hearing that profits were about to dip because of unanticipated delays in shipping two new versions of Microsoft's word- processing program...
...Administration, represents a sharp break with past airline- industry practices. In recommending the changes, safety experts tacitly acknowledged that more repairs and replacement should be done automatically as a plane ages rather than after inspections reveal problems. "Everybody in the industry is on the alert now," says Jerome Lederer, founder of the Virginia- based International Flight Safety Foundation, an aviation research group. "Aging aircraft can be a very, very serious problem...
...Geyser University Professor Rosovsky, founder and father of the Core, says he thinks the choice made possible by Harvard's large faculty is one of its most important attributes, even a decade after its beginning...
High winds battered the mountain on the day of Luce's summit try, and she hung back, breaking off from Tabin, her climbing partner, and her summit group's Sherpas. Then Luce (no relation to TIME's co-founder) decided to try for the top. At some point her goggles fogged, so she took them off. By that time the men had passed her on their way down. She reached the top alone, dulled and sluggish, and stayed about five minutes, not bothering with photos. As she started down, she realized her unprotected eyes were going snow blind. What...
While Sock Shop buys most of its wares from manufacturers, the four-store Sock Express chain in Manhattan has its own factory. Company founder Barton Weiss favors socks with rhinestones, zippers and buttons, all of which would be difficult for a mass manufacturer to produce. Weiss gets around the problem by employing 28 skilled costume builders to cut fabrics and put his socks + together. "I can have an idea tonight and have it in the stores tomorrow," he boasts. Growing curbside competition is proving a spur to innovation. One of the most popular styles in California is an anklet adorned...