Word: siemenses
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Homegrown firms have discovered that the local talent pool offers more than enough depth to build global businesses. ALPNET, a translation company B.Y.U. started as a research project in 1980, has developed into a $26 million business with 250 employees in 22 offices around the globe. Because Salt Lake City...
The new alliance scorns another powerful company, Intel, which has supplied the microprocessors for IBM's machines and has commanded an almost monopoly position as a maker of IBM-compatible chips. Possibly to foster more competition, the new partnership says it will buy advanced processors from Illinois-based Motorola, whose...
How could it happen? After all, the millions of Americans who have bought IBM stock or joined the company as employees were betting on a leviathan, a creature so big it couldn't be threatened. The answer is that while no killer shark is out there attacking this whale, thousands...
An aide to Sununu claimed that the McAuliffe Foundation paid for the family's airfare. But the organization's books, examined by TIME, show no such payment. Thomas Corcoran, president of the Waterville Valley Resort, told TIME he wrote checks for the airfare, lodging and expenses of the Sununu family...
Reich's thesis is sound-bite simple: economic nationalism has become as outmoded as the typewriter. The dominance of globe-girdling corporations like IBM, Sony and Siemens has rendered America irrelevant in a traditional economic sense, along with all national borders. This "global web" (a favorite Reich phrase) means that...