Word: ibm
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Dates: during 1990-1999
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Unlike Sununu, the low-key Skinner is accustomed to playing the supporting role. A protege of former Illinois Governor Jim Thompson's, Skinner was reared in Illinois, received an accounting degree at the University of Illinois, served in the Army and then joined IBM as a sales representative. Though the | computer company named him Outstanding Salesman of 1967, Skinner attended law school at night and gave up his $50,000-a-year corporate job to be a $9,000-a- year prosecutor in the U.S. Attorney's office. He rose to U.S. Attorney, earning the nickname "Sam the Hammer...
...processin g approach to computer design. "This was a watershed year for massive parallelism," says Gary Smaby, a supercomputer analyst at the Smaby Group in Minneapolis. There are more than half a dozen start-up companies selling parallel- processing computers of one sort or another. Both Digital Equipment and IBM, the two largest U.S. computer manufacturers, have endorsed the concept (IBM by forming a joint venture in September with Thinking Machines), and even Cray Research has begun work on a massively parallel supercomputer. Japan has selected the technology as the target for one of its long-term research undertakings...
Adolf Hitler and Franklin Roosevelt used radio to spread very different messages, proving that powerful new media have the potential for evil or for good. That is a lesson Prodigy Services is learning all over again. The home- computer network, which IBM and Sears jointly operate, offers electronic bulletin boards on which subscribers can exchange typewritten comments. Last week the Anti-Defamation League, a national monitor of hate groups, disclosed that Prodigy boards are being used to promote anti-Semitic propaganda. Messages have appeared contending, among other things, that the murder of millions during the Holocaust is "fantasy and exaggeration...
Launched in 1982, Houston-based Compaq immediately made its mark with portable personal computers. Compaq reached $1 billion in annual sales in just five years, then a worldwide record. Today Compaq trails only IBM and Apple among PC makers. But that market is going through a major slump, which has forced Compaq to slash its once premium prices. At the same time, Compaq has had trouble expanding into the market for more powerful machines. Canion was replaced by Eckhard Pfeiffer, Compaq's executive vice president...
...this year. Citicorp lost $885 million largely because of red ink at its Quotron stock-reporting service and costs stemming from the layoff of 5,000 workers earlier this year. The largest U.S. banking firm said it would suspend its dividend and dismiss several thousand more workers. Among manufacturers, IBM said slumping sales caused its profits to plunge 85% in the recent quarter...