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Word: computerizes (lookup in dictionary) (lookup stats)
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Died. Mohamed ben Laden, 53, Saudi Arabian construction king who could neither read nor write but whose computer-like memory for figures lifted him from laborer to Aramco construction boss in his mid-thirties, whereupon he quit to form his own company and with the late King Ibn Saud'...

Author: /time Magazine | Title: Milestones: Sep. 15, 1967 | 9/15/1967 | See Source »

One of the recent surprises of the computer business has been the swift rise of middlemen who buy the machines from manufacturers and lease them to users. The middlemen operate with vast sums of other people's money, depend on federal antitrust pressure against dominant IBM for survival and...

Author: /time Magazine | Title: Computers: The Leasing Game | 9/15/1967 | See Source »

Naturally, the competition is warming up. Last week Manhattan Management Consultant John Diebold, a leading evangelist of the computer and its potential, joined with Commercial Credit Co. and Bankers Leasing Corp., a subsidiary of the Southern Pacific railroad, to form Diebold Computer Leasing Co. The firm, which will specialize in...

Author: /time Magazine | Title: Computers: The Leasing Game | 9/15/1967 | See Source »

Cheaper Rates. The demand for computers in the U.S. is indeed soaring: last year computer makers installed some 13,000 systems worth some $5 billion, double their output in 1962. By the early '70s, Diebold predicts, the business will triple to $15 billion a year. Though 80% of the...

Author: /time Magazine | Title: Computers: The Leasing Game | 9/15/1967 | See Source »

In South America, where ITT has had numerous political squabbles over its utilities operations, the company is selling off a few of its telephone companies; fortnight ago, Geneen's men reached agreement with the Peruvian government, which will buy the local ITT-run phone system in 1971. To further...

Author: /time Magazine | Title: Corporations: Double the Profits, Double the Pride | 9/8/1967 | See Source »

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