Word: marconi
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Dates: during 1960-1969
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...sixth-ranking TV-set producer, which lost $25 million last year. Austrian-born Sir Jules Thorn, 62, built Thorn up from a mite to a mammoth (fiscal 1966 sales: $238 million) by breaking a light-bulb monopoly in the '30s. Later, he expanded by absorbing such competitors as Marconi, British Philco, and Ultra Radio and Television. Through Pye, Thorn hopes to move into telecommunications, now dominated in Britain by the likes of Plessey and General Electric (which has no connection with the U.S. company of the same name...
...David Sarnoff had was the future. Up from steerage, out of grammar school and supporting an immigrant family of six at 15, Sarnoff learned early to run hard. By 17, he had taught himself Morse code and snared a job pounding a telegraph key for the American Marconi Co. He first tasted fame on a night the world would remember-April 14, 1912. Sarnoff picked up a message from the British steamship Titanic. "Hit an iceberg," it read. "Sinking fast." For 72 hours, he stayed at the key, guiding rescue ships and relaying names of survivors. Thereafter, his rise...