Word: ibm
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Dates: during 1960-1969
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...program was established last June under a $5 million grant from the IBM Corporation to inquire into the social, economic and political effects of rapid technological change...
Last week a top business spokesman, Arthur K. Watson. 45, chairman of IBM World Trade Corp. and youneer brother of IBM Chief Thomas J. Wat son Jr., gave voice to that belief and made a suggestion for reform. What is needed, Watson told the Detroit Economic Club, is "a system that will give the free world elbow room to grow, without these unending balance-of-payments crises that alternately hound us and Europe." He asked: "Why not create a new kind of currency backed not only by gold but also by the assets of American business abroad...
Banks, especially the few that offer overseas posts, are more popular with the students than in past years, thanks to more vigorous recruiting. They still have a long way to go to match the lure of such glamorous industrial giants as Ford, IBM, Honeywell and A.T. & T. Jobs with management-consulting firms are more "in" than ever on campus. Railroads and insurance companies are "out" because they are regarded as too stodgy. Selling jobs continue to suffer from a lowly doorbell-ringing image...
With the new IBM Market Data System, the process will be this: when an .investor calls in to ask for a stock quote, the broker can press a button on the base of his telephone and automatically connect into a computer at the exchange. He will then dial a four-digit number to identify which stock he wants to learn about (each of the 1,606 stocks on the Big Board has its own identification number). A recorded voice will instantaneously recite the stock's up-to-the-second price and volume, as well as its opening price...
Life is pop ballet, a modern parable that mocks contemporary values. To the stabbing atonal music of Charles Ives, the dancers move through four stages of life against a background of giant flats of pop art-IBM cards, an ice-cream cone, green stamps, comic-strip characters. By contrast, Lucifer is classical ballet, eschewing pantomime and narrative for a more abstract visualization of Hindemith's austere Concert Music for Strings and Brass. After the angels assemble for "a typical day in heaven," Lucifer appears, defiant and strutting, and engages in graceful combat with Archangel Michael, only to be felled...