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Congress appropriated $10 million in federal funds for a private high-tech firm to build a supercomputer for Cornell's computer center...

Author: NO WRITER ATTRIBUTED | Title: Cornell Refuses Grant For New Supercomputer | 1/31/1986 | See Source »

...past two years some $27 billion in junk bonds have been issued. Both raiders and corporate executives who wish to take their companies private use them to raise the needed money. "Junk bonds completely changed the nature of the game," says Michael Dingman, president of Allied-Signal, a high-tech giant formed last summer in the friendly merger of the two manufacturing concerns...

Author: /time Magazine | Title: Let's Make a Deal | 12/23/1985 | See Source »

Much of 20th century American design seems to have been animated by two competing impulses. One is a kind of mannered childishness, a sometimes arch toymaker's instinct that produced the streamlined gadgetry of late art deco, the Day-Glo plastics of Pop, the high-tech doodads and joke furniture of today. The other is a reformist urge. When not fashioning playthings, designers turn grave, producing furniture and other objects that are neo- Puritan, high-minded. The severe geometries of Frank Lloyd Wright's turn- of- the-century interiors and Steven Holl's beautiful side chair (1984), for example...

Author: /time Magazine | Title: Design: The Shape of Things to Come | 12/23/1985 | See Source »

...When the high-tech industry in Silicon Valley slows down, everybody, from realtors in Cupertino to restaurant owners along Stevens Creek Boulevard in San Jose, gets a bad case of the blues. But one of the best barometers of the health of California's computer manufacturers is Doug Young. He manages the Porsche dealership in Sunnyvale, in the heart of Silicon Valley. Sales at his showroom, where the most expensive models go for $50,000, are so sensitive to the region's economic trends that a few days of good news will generate a mini Porsche rally. On the other...

Author: /time Magazine | Title: Indicators: Life in the Fast Lane | 12/16/1985 | See Source »

Cute fuzzy creatures come to life, the kids magically fly through the air, evil is conquered when the hero learns to believe in himself, and we are living another high-tech sitcom from the suburban psyche of Spielberg and Lucas (whose firm had a part in the film's extensive special effects...

Author: By Michael W. Hirschorn, | Title: An Elementary Holmes | 12/12/1985 | See Source »

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