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Word: univacs (lookup in dictionary) (lookup stats)
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...siesta may one day yield to technological advance and a yearning for managerial efficiency. IBM, alas, has yet to invent a computer that grows drowsy after a heavy, wine-laden lunch-or unplugs itself for a 4 o'clock dalliance and an exchange of punch cards with a Univac down the hall...

Author: /time Magazine | Title: Time Essay: IN (SLIGHT) PRAISE OF TARDINESS | 6/28/1971 | See Source »

...only 20 years ago that the world's first commercially sold computer, a Univac Model I, was installed at the Bureau of the Census in Washington. Today hardly any type of commercial or human activity in the U.S. goes unrecorded, unpredicted or unencumbered by computers. The machines keep track of almost every bank check, reserve nearly all scheduled-airline seats, scrutinize every federal income tax return. Computers help to diagnose illnesses, plan radiation therapy, and map a path for the brain surgeon's scalpel. One computer has synthesized the tone of a trumpet so authentically that experts cannot...

Author: /time Magazine | Title: Business: A Growth Industry Grows Up | 3/1/1971 | See Source »

...among their customers, the major producers of computer hardware-IBM, Burroughs, Control Data, RCA, NCR, Sperry Rand-have all brought out new products within the last year. Many of them are so-called "fourth generation" computers: incredibly complex instruments of astronomical calculating power. In fact, they make the original Univac I look like an abacus by comparison. Last week Honeywell-G.E. introduced its Series 6000 line of fourth-generation models (price: up to $4,500,000), which can execute 1,000,000 instructions a second...

Author: /time Magazine | Title: Business: A Growth Industry Grows Up | 3/1/1971 | See Source »

...going price of any given over-the-counter stock by making individual calls to other brokers specializing in those shares. In a technological leap, 750 leading brokers switched last week to an automated quotation system. They punched their bid-and-asked prices into desktop terminals connected to Univac computers in Trumbull, Conn., and read the resulting information on TV-like consoles. To close a deal, a broker then phoned the firm offering the most attractive price. The arrangement not only mutes the shouting in over-the-counter trading rooms but gives a customer more assurance that his own broker...

Author: /time Magazine | Title: Business: Present and Future Shock | 2/22/1971 | See Source »

...music was his passion. Everything and everybody, including himself, was to be sacrificed to its perfection. He was fearsome, unforgiving and, in his own performances, nearly flawless. "Well, what do you know," chortled a musician once when Szell momentarily beat a measure incorrectly. "Somebody just threw a spitball into Univac...

Author: /time Magazine | Title: Music: Death of a Master Builder | 8/10/1970 | See Source »

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