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...crews. A federal grand jury has charged Metropolitan Edison with criminal misconduct in connection with its operation of the plant in the months preceding the accident. Among other things, the company is accused of having manipulated and falsified tests relating to leaks and then concealing the problem from the NEC...

Author: /time Magazine | Title: Energy: Memories of a Near Meltdown | 2/13/1984 | See Source »

...from a disastrous slump in sales of its Betamax videotape recorder, which in 1983 accounted for 41% of the company's sales. Last week Zenith announced that it would no longer sell Sony's machine under its brand name. Zenith thus joins companies such as Toshiba and NEC that have abandoned Sony's videotape system in favor of the VHS method developed by archrival Matsushita (1982 sales: $15.7 billion), which sells products in the U.S. under the National, Quasar and Panasonic brand names. Says one industry watcher in Tokyo: "Zenith's move means the demolition...

Author: /time Magazine | Title: Max Troubles for Betamax | 1/16/1984 | See Source »

Sony's personal computer, the SMC-70, has had disappointing sales, and companies like NEC have grabbed the market lead in Japan. Sony executives admit that it will be difficult to repeat past triumphs. Explains one executive: "The electronics industry has reached a stage of maturation, and investment no longer pays off as quickly as it used...

Author: /time Magazine | Title: Max Troubles for Betamax | 1/16/1984 | See Source »

...grumbles about the nuclear power plants he passes, and is horrified at the despair of jobless young people, but the nec essary briskness of a travel book prevents him from saying anything compelling on these subjects. At times he seems to be seeking out ennui at its most numbing, as if to raise torment to a mystical level...

Author: /time Magazine | Title: Books: Dodger | 10/31/1983 | See Source »

Whatever the merits of the coverage, the victories that really interested NEC, ABC and CBS were not reported on Tuesday night but on Thursday, in the Nielsen ratings. They were a surprise: ABC, which pioneered the use of electronic whizbangery but which seemed low key, almost uninterested on Tuesday night, won with an average 11.8% of all U.S. television households. CBS, despite Rather's supercharged manner and a dazzling array of computer-generated graphics, was second, with 11.5%. NBC, with a presentation about halfway between CBS's dazzle and ABC's drowse (and with a stadium-type...

Author: /time Magazine | Title: Press: Fighting the Last War | 11/15/1982 | See Source »

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