Word: ibm
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Dates: during 1950-1959
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...America's athletic Bernard Baruchs. While Russia is currently presenting itself as the essence of gentlemanly sportsmanship, America's coaches are stressing their newly discovered political responsibility, adopting the eager-beaver attitude of the Soviet Union and lamenting the fact that our social system doesn't breed Amazons. Soon IBM machines will be clicking in Washington, and selected Harvard freshmen will be abducted to Dartmouth to be taught the diplomatic art of skiing...
...Major Victory." The next day Barnes crowed that he had won "a major victory," and this time he had. Four years ago the Government charged IBM-which produces 90% of all U.S. tabulating machinery-with trying to monopolize the business by 1) renting instead of selling its devices' 2) forcing lessees to use IBM repair men only, 3) denying users the right to experiment with the machines...
...company agreed to abandon its rental-only rule. Most important of all-IBM would make available at "a reasonable royalty" all its current patents and those it acquires in the field of electronics m the next five years...
With the freeing of all IBM and A.1 .& T. patents, the brave new world of electronics-in which both specialize-looked last week like the Oklatioma Territory on the eve of the grand land rush...
...First called the Atlas, from Floyd Odium's Atlas Corp., which then owned Convair. The name was changed later to IBM, then to ICBM, to avoid confusion with International Business Machines Corp...