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...Motorola PowerPC Chip Intel rolled out its new Pentium chip, but Motorola stole the spotlight with its PowerPC microprocessor. Produced in partnership with IBM and Apple, the PowerPC could pose the first serious challenge to Intel's dominance of the $67.7 billion desktop market...
...Hewlett-Packard, long one of the most admired U.S. companies, pulled the plug on guaranteed pensions for new workers. An HP spokesman said the company had concluded that "pension plans are kind of a thing of the past." In that, HP was merely following the lead of business rival IBM and such other major companies as NCR Corp., Sears Holding Corp. and Motorola. The nation's largest employer, Wal-Mart, does not offer such pensions either. At the current pace, human-resources offices will turn out the lights in their defined-benefit section within a decade or so. At that...
...administration,” said Shaheen. She said his visit will include an interview with the Harvard Political Review, dinner at Dunster House, a meeting with various Harvard Republican groups, and a visit to Government 1540: “The American Presidency,” a class taught by IBM Professor of Business and Government Roger B. Porter. Porter, who has served as an advisor to three presidents, including Reagan, lauded Deaver’s skills as a political communicator. “Michael Deaver was superb in helping to frame issues and to communicate the President?...
Cross Talk You're on vacation in China, trying to get directions to a hotel, when you realize you've left your Mandarin phrase book on the plane. Fortunately, you have your Pocket PC, equipped with IBM's Multilingual Automatic Speech-to-Speech Translator. MASTOR recognizes both Mandarin and English, automatically translating what it hears into the other tongue, so two people who speak different languages can have a conversation. In a TIME test, when told the phrase "I would like to rent a motorboat," MASTOR translated it audibly and flashed a picture of a boat onscreen. Although...
Louis V. Gerstner, Jr., MBA ’65, ran the computer company IBM from 1993 to 2002 and is now chairman of the investment titan Carlyle Group...