Word: units
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Dates: during 1980-1989
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...operations, Japan's big securities houses have hired several of America's top moneymen. Last week Nikko, Japan's second- largest broker, scored a major coup. Stephen Axilrod, the Federal Reserve system's top staff official, said he is retiring to become vice chairman of Nikko's U.S. unit. Nikko is one of four Japanese firms bidding to become primary dealers in Treasury securities, which are bought and sold by the Federal Reserve as a way of controlling the U.S. money supply. But Axilrod stressed that he will do more than simply advise Nikko on possible Fed actions...
Araskog has good reason to want to shed much of the ITT communications network, particularly System 12, a computerized switching board that telephone companies use to route calls. The unit, which cost $1 billion to develop, sold well after it was unveiled in Europe in 1979, but it has turned a profit only in West Germany and Italy. Araskog thought that if he could adapt System 12 to U.S. standards, he could sell it to the regional Bell companies, which were formed after the AT&T breakup in 1984. But ITT was unable to write software that would mesh System...
...doorway would be scaled to just above kid-size; every "attraction" (not ride) would be sweet enough for "guests" (not customers) of all ages to enjoy, a little. By creating an outdoor family entertainment to complement his family films, Disney might even do something for the fissuring American family unit, while promoting his own movie product. Disneyland was capitalism with a human face --or a smiling rodent's--and its grand opening was set for July...
Activity at ILM is currently at high pitch. The unit is finishing the special effects on Howard the Duck, being produced by Lucasfilm for an August release, about a cigar-chomping duck from another planet who crash- lands near a punk bar in Cleveland. Also in the works are Star Trek IV: The Voyage Home, due out at Christmas; The Golden Child, an adventure-comedy starring Eddie Murphy; and--something new for ILM--a redesign of the rocket- ship ride at Disneyland, using Star Wars-like effects...
Most computers built in the past 40 years were designed to do one thing at a time. Following the basic concept conceived by John von Neumann and his colleagues in 1945, they consist of a single, high-speed central processing unit connected to an array of memory cells. "The two-part architecture keeps the silicon devoted to processing wonderfully busy," says Hillis. "But this is only 2% or 3% of the silicon area. The other 97% (the memory bank) sits idle...