Word: ibm
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Dates: during 1990-1999
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...another potentially powerful player in the PC processor market is the PowerPC, jointly developed by IBM, Apple and Motorola. Like the Alpha, the PowerPC belongs to the clan of CPUs that has as its motto "Simple Is Beautiful." Known as reduced instruction set computers (RISC), these systems attempt to execute simple-instructions as fast as possible...
...Valley scrambling for position at the starting gate. The telephone companies, with their switching networks already in place, want to build the superhighway and control what travels over it. The cable-TV companies, with their coaxial systems, think they should own the right-of-way. Computer companies such as IBM, Hewlett-Packard and Sun want to build the huge file servers that will act as video and information libraries. Such software companies as Microsoft and Apple want to build the operating systems that will serve as the data highway's traffic cops, controlling the flow of information to and from...
...their tribune, the only person in the game who stands for something more than economic self- interest. But many owners just don't get it. Carl Pohlad, owner of the Minnesota Twins, asks with puzzlement, "Why does finding a commissioner get more public attention than choosing the chairman of IBM...
Rudenstine also met with the heads of several major Japanese corporations, including Toyota, Sony, Toshiba, NEC and IBM-Japan...
...avoid being drafted. The Big Blue board eventually settled on Louis Gerstner, chairman of RJR Nabisco, although he has absolutely no computer- industry experience. Gerstner's main qualification is his ability to turn companies around by cutting costs, but he will have his work cut out for him at IBM, which has lost $7.8 billion in the past two years and cut 100,000 jobs since 1985. As the first non-IBMer ever to head the company, Gerstner will have to win over IBM's shell-shocked work force, which fears even more job cuts...