Word: ibm
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...company first began offering medical insurance for oldsters under its "65-Plus" plan, which carries benefits up to $610 including surgeons' and physicians' fee, requires no physical examination, costs $6.50 per month. To trim the costs of handling policies, Continental relies on a giant IBM 705 computer to do the figuring, pays only a $1.75 commission on new policies (v. an industry-wide average of 20-30% of the first year's premiums), depends chiefly on newspaper ad coupons that prospects clip out and send in. Continental lumps all applicants in a state together, in effect handles...
...anybody knows who has ever played the game, musical one-upmanship requires the gall of a party-crasher, the guile of a tax consultant, and the memory of an IBM machine. The winning player must know what musical names to drop at the right time: if he is naive enough to mention Jean Sibelius just now, he is sure to lose points, while Gustav Mahler will get him a lot of mileage this season, and he will do well almost any year with the really unknown names (Karl Ditters von Dit-tersdorf) that make his opponents uneasy. But what separates...
...would probably be the first to arrive on the moon, said a paper-weary executive at San Diego's Convair-Astronautics plant, if it just climbed there on IBM cards. To combat the problem of swollen documents and varicose office memos, Convair-Astronautics Communications Manager Charles T. Newton circulated one of his own (which Convairites promptly proceeded to ignore). Excerpts...
Haderer helped install Walston's IBM bookkeeping brain in 1950, was made manager of the firm's accounting department in 1957 because he knew more about the system than anyone else. Thus he had no trouble working out a simple way to wholesale larceny. He would go to the office after hours, make out punch cards to show a withdrawal from Walston's big, fluctuating margin-interest account of some $300,000, put the money in his trading account, and punch out a deposit card. He would feed both cards into the machine. Since the computer kept...
...assisted by John Cedarholm of International Business Machines, Dr. Townes set up his ether-hunting apparatus in IBM's Watson Laboratory at Columbia. Two masers were arranged so that they shot their microwaves in opposite directions. As the masers (and the lab) swung with the turning earth to align the waves first with the direction of the earth's motion around the sun and then against it, any ether wind should have shown as an easily detected difference of frequency. But the recording pen never wavered...