Word: processor
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Dates: during 1980-1989
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...America dismissed the notion that an unknown outfit from Ohio's corn belt could act as a clearing house for a national credit card system. But McCoy persisted and eventually got the job. BankAmericard evolved into Visa, and Banc One today is the third largest credit card processor in the U.S. It serves 160 financial institutions in 28 states, performing more than 100 million transactions annually for 2 million cardholders...
...River. He's now trying to unload, for $2.9 million, the East Side Manhattan town house he bought for $750,000 just two years ago. Jimmy, the youngest, is usually down home in Plains, Ga., watching his life pass before him on the video screen of his word processor. Last week the two took time out for trips abroad...
Sesame Street Consultant Christopher Cerf adds even more voltage to his endorsement: "I use my processor to write, to store notes, to create, to edit, to organize. It's already paid for itself. I don't need a secretary any more. It's the most important tool writers have been given since Gutenberg created movable type...
Still, there were those who thought Gutenberg's invention was the work of the devil, and there are many writers who refuse to countenance a glowing screen above their keyboards. Screenwriter Jeffrey Fiskin (Cutter and Bone) decided against one: "Testing a machine, I programmed out the. The processor also removed thesis and theocracy. I thought: 'Do I want one of those, or do I want to add to my wine cellar?' The wine cellar won." John Updike speaks for many colleagues: "I am not persuaded that the expense and time it takes to learn the machine would...
These are the equivalents of leaky pens, misplaced notes, carbon paper inserted backward-all the inevitable vexations of the writing trade. They may be annoying, but they are not enough to turn off the current of this newest electronic revolution. Even the biggest drawback to processors, their size, is shrinking. Sony, master of the mini, recently introduced a 3-lb. briefcase-size keyboard unit capable of storing text to be printed out later. A few stubborn novelists and historians may resist until the final pencil stub and the last typewriter ribbon, but in the final chapter, the processor will...