Konrad Zuse, a German engineer, completes the first general purpose progammable ... and quickly becomes the standard institutional mainframe computer. By the mid-80s the 360 and its descendents ...

The computers we are used to working with are ... the mustard in the upper echelons of corporate computing. There the mainframe still rules, sitting in air-conditioned machine rooms and providing ...

At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

"Overall system speed is governed by the slowest component," coined by Gene Amdahl, chief architect of IBM's first mainframe series and founder of Amdahl Corporation and other companies.