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Their decision to merge into a $2.7 billion-a-year telecommunications giant has brought International Telephone and Telegraph Corp. and the American Broadcasting Companies nothing but static. The Federal Communications Commission approved the merger last December, but only by a bitterly divided 4-to-3 margin that failed to silence objections from Congress and the Justice Department's Antitrust Division. As the clamor mounted, the FCC finally agreed in March to take another look...

Author: /time Magazine | Title: Mergers: Minds Unchanged | 6/30/1967 | See Source »

...Common Market has prompted quite a few Western European businesses to integrate across national boundaries, and U.S. companies which operate there are rapidly following suit. Dow Chemical and Jersey Standard have both centralized European operations, and so to a lesser degree have IBM and International Telephone & Telegraph. The latest American company to join the trend also happens to be one of the largest. Ford Motor Co., which has heretofore overseen all of its overseas activities from the U.S., is setting up a European-based subsidiary, Ford of Europe, Inc. The new subsidiary, says Chairman Henry Ford II, should provide...

Author: /time Magazine | Title: Western Europe: Going Multinational | 6/30/1967 | See Source »

...radio-telephone conversation between Egypt's President Nasser and Jordan's King Hussein, as they conspired to save face by blaming their disastrous defeat on U.S. and British air intervention. But was the identity of the voices firmly established? To test this point, London's Daily Telegraph submitted a recorded tape of the Nasser-Hussein talk to U.S. Physicist Lawrence Kersta, president of Voice-print Laboratories, Inc., in Somerville, N.J. Along with the tape went a two-year-old CBS News recording of what was known to be Nasser's voice...

Author: /time Magazine | Title: Acoustics: Sound Judgment | 6/23/1967 | See Source »

...voiceprints, that were determined by the frequencies, loudness and duration of each of the phonemes. Finally, after a night in which he painstakingly compared the patterns produced by phonemes from the two tapes, Kersta concluded that they had all been uttered by the same person. He reported to the Telegraph that he was "100% sure" that the voice on the Israeli tape was that of President Nasser...

Author: /time Magazine | Title: Acoustics: Sound Judgment | 6/23/1967 | See Source »

Those two infractions, plus another 20-day suspension for "interference" in a previous claiming race at Aqueduct, gave Ycaza a total of 50 days of enforced vacation since April. But more than one racing expert thought Ycaza's punishment was too light. Mused Morning Telegraph Correspondent Charles Hatton: "One wonders when an erring athlete in this sport is to be considered incorrigible...

Author: /time Magazine | Title: Horse Racing: Vacation for Manny | 6/16/1967 | See Source »

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