Here are a few thoughts, as I've studied this issue for many years. In fact I have a presentation I give on this subject as part of the ACM distinguished lecturer program and the IEEE Computer Society's distinguished visitor program. 1) There actually have been academic programs called computer science engineering, but the name never caught on.
The color black represents strength, seriousness, power, and authority. Black is a formal, elegant, and prestigious color. Authoritative and powerful, the color black can evoke strong emotions and too much black can be overwhelming. In heraldry, black is the symbol of grief.
Kronos indicates elevated matters, both literally and figuratively. Thus, Kronos may represent, on one hand, mountains and airships and, on the other, leaders, executives, and government authorities. It may symbolize authority and expert status as well as the questioning of authority and expertise.