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...result, the business of supplying prerecorded software for the micros has grown from almost nothing in 1977 to an estimated $250 million this year, and sales of $1 billion are projected for 1985. Says Jean Yates, a senior analyst at Gnostic Concepts, a consulting firm based in Menlo Park, Calif.: "It's like having a record player. People buy one record player, but they keep buying records year after year." Currently software takes only between 100 and 150 of every dollar spent on hardware. By 1985 the proportion is expected to rise to between...

Author: /time Magazine | Title: Software for the Masses | 10/5/1981 | See Source »

...crowd of scientists, industrialists and other celebrities will gather amid the historic buildings at Greenfield Village in Dearborn, Mich., to commemorate the hundredth anniversary of Edison's banishment of darkness. In Edison's laboratory-disassembled in Menlo Park, N.J., by his good friend Henry Ford, then crated and shipped to Dearborn along with seven railroad cars full of the clay soil on which it sat-the audience will watch a re-enactment of the scene. Madeline Edison Sloane, the inventor's great-granddaughter, will throw the switch that opened a new era. As the German historian Emil...

Author: /time Magazine | Title: Business: The Sad State of Innovation | 10/22/1979 | See Source »

Soon after Steven Masover, 19, held up a bank in Menlo Park, Calif., last November, he was apprehended with $78,000 of the bank's cash, an unloaded gun, a fake bomb and three hostages. In court, Masover, who was valedictorian of his class in high school, relied on a bizarre defense: he had stolen the money, but only to invest it in colonies in outer space as a way for earthlings to escape pollution and overpopulation. Moreover, he planned to pay the money back in 20 years or so, making the heist a forced loan rather than...

Author: /time Magazine | Title: Americana: Far-Out Defense | 10/2/1978 | See Source »

DIED. Thomas C. Poulter, 81, polymath who served as the scientific director on Rear Admiral Richard Byrd's second expedition to the Antarctic in 1933, invented seismic methods for the discovery of oil, and recorded the voices of sea mammals over the past 15 years; in Menlo Park, Calif. Poulter led the party that saved Byrd's life when the admiral, living alone near the South Pole, suffered from carbon-monoxide poisoning and began sending incoherent radio messages...

Author: /time Magazine | Title: Milestones, Jun. 26, 1978 | 6/26/1978 | See Source »

...across the country. They are not only cheap and fast -a reading takes a little more than a minute-but impressively accurate. Comparing their results with those obtained by conventional means, Dr. Joseph Chadwick, director of the health-systems program at SRI International (formerly the Stanford Research Institute) in Menlo Park, Calif, concluded that the machines are "more consistent than a well-trained blood-pressure technician...

Author: /time Magazine | Title: Medicine: Medical Robot | 10/10/1977 | See Source »

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