Word: rand
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...recorder was a hit with indus try; Scientific-Atlanta hoped to sell 50, instead has so far sold 752 (at $4,300 each) to such companies as General Electric, Sperry Rand and Bell Labs. Its staff has grown to 40 engineers and 260 other employees, who now make testers for almost any antenna from TV to military fire control, and its success has attracted venture capital from Rockefeller Bros., Inc., put up at Laurance Rockefeller's recommendation. "Space activity," says Robinson, "has given this field a big boost. There is no other way to communicate with a space vehicle...
...three officers of the Department of Air Science are responding to this need for an increased theoretical content in the curriculum. Already they have beefed up the elementary text-books with selections from such varied writers as Henry Kissinger, Mao-Tse-Tung, and assorted Rand Corporation analysts. Next year Col. Lyman will introduce special seminars for those cadets particularly interested in the latest developments in Air Force strategic thought...
Eckstein is a specialist on public finance and a consultant to the President's Council of Economic Advisers, the Treasury Department, and the Rand Corporation. Hoffmann is an analyst of international relations and a specialist in French government...
...claimed reportedly that weapons detonated by the United States have gone undetected, and variably the AEC claims were proved false by seismological stations thousands of miles from the test sites. The Rand Corporation held that if a weapon were detonated in a large cavern the blast might escape detection, but this theory has also been disproven. In the face of new detection advances, Arthur E. Dean, head the United States delegation to the Geneva talks, stated last July that "it might become possible to dispense with international [on site] control stations." The Kennedy administration quickly declared that Dean's mark...
Some Went Running. Rather than face further losses, Royal McBee, Underwood and General Mills quit making computers. Former RCA President John Burns lost his job largely because of RCA's huge computer-development costs. Pioneer Remington-Rand, which was merged in 1955 into Sperry-Rand, failed to capitalize on its headstart, and its Univac division is still deeply in the red. In fact, besides IBM, the only company making money on computers is the smallest one-Minneapolis' Control Data (TIME. Nov. 24, 1961). Its formula: concentrating on only a few computers and aiming specifically for the scientific market...