Reluctant conscripts in the march of technology
Article Abstract:
A number of writers consider the implications of computer technology advances. Technology promises to free individuals by granting them more time and choices, but demands that consumers devote training, time and money to using it. Some fear the influence that technology has on society and warn against allowing those who control information to aggregate power. Another fear is that those who are not familiar with technology will be widely separated from the affluent who work with knowledge. Clifford Stoll, who helped pioneer the Internet, states the time spent online is more shallow than the life lived in the real world. Professor Neil Postman of New York University proposes that all technology is useful. Other writers point out that consumer choices have a great impact on the technologies that succeed and that fail. These writers further argue that adaptation of cutting-edge technology will be slower than predicted.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Stocks plunge on weaker corporate earnings and rate fears; technology issues take sharp hit, helping push Nasdaq 3.1% lower
Article Abstract:
Unexpected reports of losses by HP and Motorola are causing concern among high technology stock investors. Stock prices for high technology companies dropped sharply on the news. The Pacific Stock Exchange index of 100 technology companies declined by over 4 percent on Jul 11, 1996, and has declined by more than 17 percent since May 1996. HP stock prices dropped by $10.375 while Microsoft was down $5, IBM down $2.875 and Compaq $2.875. Technology investors will be watching for the quarterly results of such industry leaders as Intel, Microsoft, Compaq and IBM. These reports are due in Jul 1996 and could determine investors' long-term planning. Technology stocks are known to be volatile, but the prospects are excellent for the long term. Investments in such technologies as computers and telecommunications currently represent about 40 percent of capital investments by US corporations.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1996
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I.B.M. expands sales to others in its industry
Article Abstract:
International Business Machines' $8 billion technology deal with Acer Group represents the fourth computer-parts venture with another company since March. This strategy was promoted by chairman Louis V. Gerstner, Jr., dubbed "I.B.M. Inside". Now the Technology Group handles the stepped up pace of supplying crucial technology. This coincides with I.B.M.'s continuing commitment to research. Meanwhile, Acer Group has become a willing partner due to the positive open-mnded changes I.B.M. has enacted the past few years.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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