IBM, Time Warner discuss a technology and media mix
Article Abstract:
The world's largest computer company, IBM, and the entertainment giant Time Warner are considering ways to combine IBM's data transmission technology and Time Warner's television shows, movies and cable television systems. The two firms hope to use IBM's storage and transmission technologies to provide a multitude of new entertainment services to consumers. Under the proposed agreement, viewers would be able to request specific movies over cable networks, The programming would then be sent in compressed form to the viewer's home. Interactive television that enables viewers to participate in game shows and vote on issues raised during a show is another possible outcome of the IBM-Time Warner negotiations. IBM and Time Warner already have strong links at the directorial level with some officials serving both organizations; there is nevertheless no guarantee the two will reach an agreement.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Technology
Article Abstract:
The Open Software Foundation (OSF) and a rival group headed by AT and T have both won some major battles recently in the fight for dominance in the Unix operating system market. The OSF's Motif graphical user interface has gained industry endorsement which signals that neither side is likely to win a decisive victory and some concessions will be necessary to create a unified standard. In other news, voice recognition systems are finally making a dent in the computer marketplace. Several companies including Speech Systems Inc will introduce products using technology that recognizes a limited vocabulary. Also in the news is a report from a market analysis firm stating that while the large hardware manufacturers are in for a down period, most software publishers, distributers and service companies should post big gains.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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Unisys cancels offering of Defense unit; bonds fall as plan to pay debt is upset
Article Abstract:
Unisys Corp cancels the planned sale of its defense-electronics business because uncertainties in the stock market and the defense industry make it impossible for buyers to pay the price that Unisys wanted. When the news was announced, Unisys's bond prices fell because investors fear that the company might have difficulty meeting its obligations. A company spokesman indicates that Unisys will continue to work at reducing its $3.43 billion debt by selling assets. The company will probably try again, at some unspecified future time, to sell its defense business. Unisys insists that it expects to record a profit this quarter, following $2.6 billion of losses during the past 11 quarters. Unisys' stock was up 12.5 cents on Friday, Nov 22, 1991, at $4.125.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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- Abstracts: IBM unveils series of multimedia PCs, offers price cuts. IBM unveils PS/1 models priced to sell
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- Abstracts: Japanese group rebuts charges on chip market. Two makers of microchips broaden ties; Hitachi, Texas Instruments enter a 10-year pact in effort to ease costs
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