Word: huges
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Dates: during 1980-1989
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...least publicized achievements of the computer revolution: a huge, arching communications network connecting 60,000 computers by high-speed data links and ordinary telephone lines. Developed by the U.S. Department of Defense's Advanced Research Projects Agency in the late 1960s, Arpanet, as the information grid is called, has carried everything from unclassified military data to electronic love notes sent from one lonely researcher to another. But last week it became the conduit for something much more dramatic: one of the most sophisticated and infectious computer viruses the world has yet seen...
...Israel in the U.S. and elsewhere) under conditions they conceded were undesirable and hoped would be temporary. But Shamir is saying Israel's claim to the West Bank is unending and historically just. That is why the outcome of last week's election may pose not only a huge obstacle to diplomacy but also a threat to the political and humanitarian values that Israel and the U.S. have long shared -- and therefore to the essence of a very special relationship...
While the suitors struggled to come to terms, a sudden truce was called in another huge takeover fight when Kraft ('87 revenues: $10 billion) agreed to be acquired by Philip Morris ($28 billion). Hamish Maxwell, chairman of Philip Morris, said he will not have to sell off chunks of Kraft to finance the buyout. Said he: "For the vast majority of Kraft workers, this won't have any impact at all." The Philip Morris coup was an unusually smooth resolution. Another KKR fight fizzled last week when the Macmillan publishing firm accepted a $2.5 billion offer from British financier...
...upbeat quarter does not guarantee a complete turnaround, however, especially since GM has not been saddled with the huge costs of retooling for new models. Says a top Ford executive: "They're on the way back. They're just not there yet." But GM's product-minded president is determined to win back customers with better-made and better-looking vehicles. Moreover, he hopes to get the cars from design tables to assembly lines in less than three years instead of the current five. Helping to speed the process and reduce costs is GM's decade-long, $50 billion investment...
...three Cambridge precincts composed mostly of Harvard students, the vote was about 80 percent for Dukakis, 20 percent for Vice President George Bush. Other precincts in which Harvard students were registered also posted huge margins for the Massachusetts governor...