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BUSINESS
October 3, 1991 | JONATHAN WEBER, TIMES STAFF WRITER
International Business Machines and Apple Computer on Wednesday signed their wide-ranging cooperation agreement, a landmark accord that includes the establishment of two joint venture companies and extensive sharing of technologies. The two computer firms, once bitter rivals, stunned the industry when they announced the outlines of the agreement in July.
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CALIFORNIA | LOCAL
April 12, 2012 | By Dennis McLellan, Los Angeles Times
Jack Tramiel, the tough and aggressive Commodore International founder who brought millions of people into the world of personal computers in the late 1970s and early '80s with his low-cost PCs, has died. He was 83. Tramiel, who lived in Monte Sereno, Calif., died Sunday at Stanford Hospital in Palo Alto , said his son, Leonard. He had been suffering from congestive heart failure for many years. A Polish-born survivor of the Auschwitz concentration camp who began his business career with a typewriter repair shop in the Bronx in the early 1950s, Tramiel (pronounced tra-MELL)
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BUSINESS
May 29, 2000 | ELIZABETH DOUGLASS, TIMES STAFF WRITER
A new wave of companies is steadily staking claim to a piece of the communications future. For now, these promising firms are mostly hidden among a glut of "dot-com" ventures. That obscurity, however, is not likely to last. That's because this group of companies is harnessing the power of next-generation networks that carry phone and Internet traffic together, making possible a host of new services that combine the strengths of both phones and computers.
BUSINESS
August 19, 2011 | David Sarno
Hewlett-Packard Co., a pioneering Silicon Valley technology company, wants to hit the escape button on the personal computing business it helped establish. The world's biggest seller of desktop and laptop computers said that it was considering spinning off its PC operations, that it will ditch its smartphones and TouchPad tablet computers and that it agreed to buy a major British business software firm for $10.3 billion in cash. The plans amounted to a remaking of one of Silicon Valley's most storied firms as it seeks to move away from the sagging personal computer business and toward the more vibrant and stable market for corporate software.
BUSINESS
April 25, 1986
The Commerce Department said it has determined that Japanese manufacturers have been dumping computer memory chips in the United States at below production costs. The department said it was upholding an earlier preliminary decision that Japanese imports of the computer chips were violating U.S. trade laws. The decision upholds the imposition of tariffs for importing the chips, known as 64-kilobit dynamic random access memory components.
BUSINESS
January 29, 1999 | Eleanor Yang
The personal computer industry grew 15% in 1998, with the U.S. and Europe accounting for 65% of the 90 million PC shipments last year, according to San Jose-based market research firm Dataquest. "Both the U.S. and Europe continue to have great economies," said Bill Schaub, Dataquest's vice president of personal computing. "Even with the problems in Asia, we've been able to sustain this growth. There's just an insatiable desire to have these things."
BUSINESS
August 12, 1985 | DONALD WOUTAT, Times Staff Writer
A few signs of life in the computer business have leavened the gloom of the past year, but it might be a case of the glass appearing half full instead of half empty. The latest economic indicators show that the high-technology slump remains deeply entrenched. Wall Street has already recorded a slightly improved outlook with a 20% climb in prices of semiconductor stocks over the past month. One economic newsletter urges, "Buy now and beat the computer industry rebound."
BUSINESS
June 16, 1991 | JONATHAN WEBER, TIMES STAFF WRITER
Once upon a time, choosing a computer system was like getting married: It implied a long-term commitment to the chosen partner that could be reversed only at great cost. Computer companies didn't sell products, they sold information lifestyles that included the machine itself, software, peripherals, cables, maintenance--and plenty of profit was built in all along the way. Ten years ago, International Business Machine Corp. began to change all that with its personal computer.
BUSINESS
March 4, 1987 | Associated Press
Thirty-one computer makers and users announced Tuesday that they have banded together to develop what they call the next generation of computing: the ability to connect different brands and types of computers to work on a problem simultaneously. The group, called the Network Computing Forum, plans to develop industrywide standards that will allow all types of computers to be interconnected.
NEWS
June 30, 1992 | DEAN TAKAHASHI and CRISTINA LEE, TIMES STAFF WRITERS
In a jolt to the computer industry, AST Research co-founder Thomas C. K. Yuen abruptly resigned Monday as co-chairman and chief operating officer after an apparent dispute with the company's board. Yuen--the T in AST--was one of three immigrant engineers who founded the personal computer manufacturer in 1980 and built it into a Fortune 500 company. Yuen's departure is similar to the sudden resignation of co-founder Albert Wong in November, 1988.
BUSINESS
May 13, 2010 | Brandon Bailey, Bailey writes for the San Jose Mercury News.
The success of Apple Inc.'s iPad has prompted other tech companies to plunge into the market for tablet computers, with start-ups and major PC makers racing to introduce their own competing devices before the end of the year. Verizon Wireless Inc. confirmed Tuesday that it has a tablet in the works. Speculation is swirling around the intentions of Hewlett-Packard Co., the world's biggest PC maker and the company that some believe has the best shot at catching up with Apple's early iPad lead.
BUSINESS
December 24, 2009 | By Tom Petruno
In Wall Street's horse race among stock sectors this year it won't be a photo finish: Big-name technology shares are way out front and still pulling away from the field. Among the 10 major industry sectors in the Standard & Poor's 500 index, tech stocks have rallied 59% in 2009, on average, led by well-known names such as Google Inc. (up 99%), Microsoft Corp. (59%) and IBM Corp. (59%). The tech sector's advance far outpaces the index's second-best sector, basic-materials stocks, which are up nearly 46% year-to-date on average.
BUSINESS
October 23, 2009 | Alex Pham
Can Windows 7 repair Microsoft Corp.'s reputation and trigger enough sales to pull the technology sector out of its financial funk? That seemed to be the overriding question Thursday as Microsoft officially took the wraps off its latest operating system, much of which was already public knowledge, with more than 8 million testers having used it since January. In the past, thousands of technology companies could count on each release of a new Windows operating system to deliver its own economic stimulus: Millions of consumers would rush out to buy faster computers and companies would splurge on more powerful computer systems.
BUSINESS
October 19, 2009 | David Sarno
Over the last year, the technology world has been enamored of the possibilities of moving into the cloud. That's the latest trend in computing that enables consumers to forget about storing their software and data on local hard drives -- where it can be zapped by electrical surges and soft-drink spillage -- and let companies such as Amazon .com Inc., Google Inc. and Microsoft Corp. worry about keeping it safe on a network of remote servers. The cloud computing concept is so appealing that the city of Los Angeles is considering scrapping its current e-mail system and replacing it with a cloud-based offering from Google, joining more than 2 million businesses already using that company's system.
BUSINESS
October 14, 2009 | Alana Semuels
The nation's bellwether technology sector is kicking into gear as businesses and consumers boost their spending on computers and electronics. Shipments of semiconductors are on the rise. Some companies are hiring. Tech stocks outperformed the market all summer. And U.S. exports to China, including technology products, have climbed 33% since January. That's good news for California, home to hundreds of companies that make the software, chips and switches that power many of today's bestselling computer and electronics devices.
BUSINESS
February 27, 2009 | Margot Roosevelt
California regulators Thursday adopted the world's first mandatory measures to control highly potent greenhouse gases emitted by the computer manufacturing industry. The new rules would cover 85 plants, mostly in Silicon Valley. They require most computer chip makers to slash releases of sulfur hexafluoride and other fluorinated gases by more than half over the next three years.
BUSINESS
December 28, 1987 | DAVID OLMOS, Staff Writer
After the October stock market collapse, executives at General Automation held a powwow to reassess the company's 1988 plans, which predicted sales to grow a hefty 30% or more. The company revised its forecast to call for slightly slower growth--about 25% to 30%--a figure that many businesses would happily settle for. "Everybody has been saying we should wait for the slowdown," said Leonard Kenzie, chairman of the Anaheim computer maker. "But business seems quite vibrant."
BUSINESS
April 28, 1992 | JONATHAN WEBER, TIMES STAFF WRITER
A flurry of developments in the computer industry on Monday shows that the turmoil caused by recession and fast-changing technology is likely to be the rule in the electronics world for some time to come. Nothing better illustrates the continued upheavals than Compaq's announcement that it is withdrawing, as expected, from the Advanced Computing Environment (ACE) consortium.
BUSINESS
January 13, 2009 | ASSOCIATED PRESS
Seagate Technology has replaced its top two executives and said it planned to cut 800 jobs as the hard-drive maker endures a bruising slowdown in technology spending. In a surprise move, the Scotts Valley, Calif., company announced Monday that William Watkins, Seagate's chief executive since 2004, and Dave Wickersham, the president and chief operating officer, had both left the company, effective immediately. The company also announced that it planned to cut 10% of its 8,000 U.S.-based workers.
BUSINESS
December 17, 2008 | Dawn Chmielewski and Alex Pham
The annual gathering of the Mac faithful will take place in San Francisco without Apple Inc.'s charismatic leader, Steve Jobs. Breaking with a long tradition, Apple said Tuesday that Jobs would not deliver the keynote address at January's Macworld Conference & Expo, the venue the company has used for more than a decade to unveil products. The decision renewed questions about his health and sent the computer maker's shares tumbling. The opening address Jan.
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