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...TIME chooses as its 1997 Man of the Year Andrew Steven Grove, chairman and CEO of Intel, the person most responsible for the amazing growth in the power and innovative potential of microchips. His character traits are emblematic of this amazing century: a paranoia bred from his having been a refugee from the Nazis and then the Communists; an entrepreneurial optimism instilled as an immigrant to a land brimming with freedom and opportunity; and a sharpness tinged with arrogance that comes from being a brilliant mind on the front line of a revolution...

Author: /time Magazine | Title: ANDREW GROVE: MAN OF THE YEAR | 12/29/1997 | See Source »

...with the investment in technology." Bloomberg's and Reuters' terminals are technologically superior and more flexible, and they offer unique features such as historical data and analytics. And the Internet is a font of information. "There are going to be two levels of service," says Michael Bloomberg, founder and CEO of Bloomberg L.P., who once proposed merging with Dow Jones, "the high end and the low end. There is no room for anything in the middle...

Author: /time Magazine | Title: DOW JONES TAKES STOCK | 12/15/1997 | See Source »

...complained Barry Steinhardt of the A.C.L.U. But that was precisely the p.r. message that the summit's organizers--including America Online, AT&T and this magazine's parent, Time Warner--were trying to convey to the public and Congress. As a Santa's-helper questioner asked AOL chairman and CEO Steve Case during a panel discussion, "Steve, do you believe the private sector can deal effectively with these issues?" Guess what...

Author: /time Magazine | Title: WHY JOHNNY CAN'T SURF ONLINE | 12/15/1997 | See Source »

...statement issued two days earlier, DeBartolo, who had already abandoned the casino project, proclaimed his innocence and implied that he was stepping down from his post only until the charges were settled. His sister Denise DeBartolo York serves as ceo of the Edward J. DeBartolo Corp., a multibillion-dollar real estate empire founded in Youngstown, Ohio, by the pair's father. York immediately distanced herself from her brother's legal troubles and in a less than impassioned jump to his defense declared, "I hope everything works...

Author: /time Magazine | Title: THE TROUBLE AT CANDLESTICK POINT | 12/15/1997 | See Source »

...million: Cash remuneration Occidental Petroleum CEO Ray Irani received this past October...

Author: /time Magazine | Title: Notebook: Dec. 15, 1997 | 12/15/1997 | See Source »

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