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Word: data (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...brain of "those beeping, thinking toys" is not just a memory chip. It doesn't just store data, it manipulates them. This chip is correctly called a microprocessor...

Author: /time Magazine | Title: Letters, Dec. 31, 1979 | 12/31/1979 | See Source »

With OPEC in disarray and vulnerable, bold action by oil-importing nations to cut their dependence on foreign petroleum cannot be easily countered by cartel members. Operating through OPEC, their monopolistic, price-propping has placed an enormous and continuing burden on oil consumers everywhere. Economist Otto Eckstein, president of Data Resources Inc., estimates that OPEC'S policies have been bloating the world's oil bill by $40 billion to $60 billion a year. Says he: "We need that cartel like we need a tourniquet around our necks. Any form of free competition is going to lead...

Author: /time Magazine | Title: Business: OPEC Fails to Make a Fix | 12/31/1979 | See Source »

...rate for months, will be going up at a pace of 9% or a bit more next December. The economists admit, however, that they and almost all the other experts have grossly underestimated inflation's staying power in the past several years. Cracks Otto Eckstein, head of Data Resources, Inc.: "I have been predicting the inflation rate for maybe 20 years, and I must have got it right about three times...

Author: /time Magazine | Title: Business: Now a Middling-Size Downturn | 12/31/1979 | See Source »

...command from earth, it will drop a small instrument-packed probe provided by the European Space Agency directly into the comet's head, which scientists believe is made up of icy debris and a smattering of organic molecules. Because comets have probably changed little since they were formed, data from the probe may reveal much about the early days of the solar system. Three years later, while swinging around the sun, the mother ship will rendezvous with a second comet called Tempel 2 and follow it for a year. During that time, it will continually observe all the changes...

Author: /time Magazine | Title: Science: Tailing a Comet | 12/24/1979 | See Source »

...gambler and bookie." A remarkable message was transmitted from McGuire's phone at 6:39 p.m. on Oct. 11. No voice spoke and no ear listened: the electronically encoded message was sent by a portable terminal and it was received by a computer at Sandia. The information conveyed: data about gambling...

Author: /time Magazine | Title: Sport: Double Trouble | 12/17/1979 | See Source »

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