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TechNewsWorld: "GoPro Shooters Can Send Live Streams Up Periscope"

01/27/2016

TechNewsWorld: "GoPro Shooters Can Send Live Streams Up Periscope"

. . . "Twitter doesn't make as much money from its advertising as Microsoft and Google do with their search engines," noted Darren Hayes, an assistant professor at Pace University.

Twitter's portfolio isn't as diversified as its competitors either.

"Facebook has purchased many different companies and facilitates many other services," Hayes told TechNewsWorld. "Twitter has done some of that -- but not to the same extent as companies like Facebook do."

Attracting new users has been a problem for Twitter, as is getting a handle on how many flesh-and-blood members it has.

"Twitter has a problem with the number of bots using it. There's a huge number of followers who are just bots. People don't realize how big that number is," Hayes said.

"Twitter tries to adjust that. I've heard of people who have lost tens of thousands of followers in an hour because Twitter was going through and clearing out bots that were using the service," he continued. "So their membership numbers may be inflated."

Read more: http://www.technewsworld.com/story/83037.html

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The Hill’s Congress Blog: "The state of dis-union in America"

01/27/2016

The Hill’s Congress Blog: "The state of dis-union in America"

Obama entered the upcoming political campaign by defining the choices as he views them.

Read an op-ed by Gregory Julian, a retired professor and former adviser to Pace University's Model United Nations team in Pleasantville, NY:

http://thehill.com/blogs/congress-blog/politics/266970-the-state-of-dis-union-in-america

 

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Financial Executives International Daily: "What, Me Retire?"

01/26/2016

Financial Executives International Daily: "What, Me Retire?"

Stephen J. Friedman

How financial executives can develop encore careers.

Every day, 10,000 Baby Boomers turn 65. The issue of what to do after “retirement” is faced by tens of millions of men and women as they retire, or much earlier, when they sell a family business or are laid off without much hope of obtaining a comparable job. Many, perhaps most, of this group have no idea how to think about what to do next.

The question then becomes what a person should do when, in their 50s or 60s, they stop what they have been doing for most of their lives. That moment should not automatically be seen as an ending or retirement, which connotes a stepping back, but as the beginning of the third great stage in life. The decision about what to do for the next 10 to 20 years is one of the most challenging and least well-marked in our lives. It is filled with uncertainty, fears, surprises and unknown ground, but the rewards of that period can be extraordinary.

Read the article by Stephen J. Friedman, President of Pace University: http://daily.financialexecutives.org/what-me-retire/

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Bloomberg BNA: "For Major Banks, New FASB Rules Present Welcome Change"

01/19/2016

Bloomberg BNA: "For Major Banks, New FASB Rules Present Welcome Change"

. . . Leslie Seidman, a former FASB chairman, summarized Jan. 8 the magnitude of change presented by the standards that generally become effective in 2018. She looked to the next shoe to drop on financial instruments accounting in a few months—a new FASB standard on credit impairments, which includes loan losses.

“This new standard represents some important, but fairly targeted changes for equity securities and the fair value option, rather than the overhaul that was originally proposed,” Seidman, executive director at Pace University's Center for Excellence in Financial Reporting, told Bloomberg BNA.

“There's another important change coming down the road—the accounting for loan losses—which represents a significant change for all banks and other lenders,” she wrote.

Read more: http://www.bna.com/major-banks-new-n57982066061/

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Huffington Post: "WATCH: How Two People From Different Worlds Found Love"

01/19/2016

Huffington Post: "WATCH: How Two People From Different Worlds Found Love"

. . . The video was produced by Yumeng Ji and shot/edited by Charlene Chen, students from Pace University's Media & Communications Arts Graduate School program. They are both graduate students at Pace, majoring in Communication. Yumeng decided to make a video for this romantic love story because it encourages many single people and/or long-distance couples in real life. By sharing the same passion of photography and producing videos, Yumeng and Charlene worked together to bring the real story to the screen.

Watch the video: http://www.huffingtonpost.com/hooplaha/watch-how-two-people-from_b_8979844.html

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E-Commerce Times: "Google Sharpens Its Virtual Reality Focus"

01/19/2016

E-Commerce Times: "Google Sharpens Its Virtual Reality Focus"

. . . Clay Bavor's appointment gives some indications about the company's VR aspirations, but there are still big questions that have yet to be answered, said Larry Chiagouris, professor of marketing at Pace University's Lubin School of Business.

"On the surface, Google might appear to have the greatest consumer reach among tech giants due to the cumulative impact of its services," he told the E-Commerce Times, including its "browser, search engine, Play store, Gmail service and YouTube channel."

However, Google hasn't created a community that can compare favorably to rivals such as Facebook, Chiagouris noted. It's yet to be determined just how big a role social and shared experiences will play in VR, but it's hard to envision a world in which everyone enjoys it individually.

"It's challenge," according to Chiagouris, "will be to link applications of VR that are tightly linked to its service offerings."

Google will need to find ways to make synergies between its VR properties and other services, according to Chiagouris.

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Diverse: "Nursing, Health Care in Recovery Mode in Haiti"

01/14/2016

Diverse: "Nursing, Health Care in Recovery Mode in Haiti"

 ... “When I heard that the public school of nursing in Port-au-Prince collapsed on top of the faculty and students, killing many of them, I [thought], ‘We can educate nurses, we can go help,’” says Dr. Carol Roye, a former professor of nursing at Hunter College and current associate dean for faculty scholarship at the College of Health Professions at Pace University. Read more: http://diverseeducation.com/article/79686/

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The Hill’s Congress Blog: "Can mass trauma actually promote psychological adjustment?"

01/11/2016

The Hill’s Congress Blog: "Can mass trauma actually promote psychological adjustment?"

Anthony Mancini, Ph.D., is an associate professor of Psychology at Pace University and co-author (with Heather Littleton of East Carolina University and Amie Grills of Boston University) of the study, ‘Can People Benefit From Acute Stress? Social Support, Psychological Improvement, and Resilience After the Virginia Tech Campus Shootings.’

“The terror attacks in San Bernardino and Paris have ratcheted upward—once again—our collective anxieties,” Professor Mancini wrote on The Hill’s Congress Blog. “And for the survivors of these tragedies, they have raised the specter of collateral psychological damage, such as posttraumatic stress disorder. Although the risks to survivors are indeed real, the psychological impact of these tragedies is more complicated than we realize. Most survivors of traumatic events will suffer no enduring psychological harm. More startlingly, some may actually experience direct psychological benefits from it.

“How do we know this? In a study just published in Clinical Psychological Science, my colleagues, Heather Littleton and Amie Grills, and I studied 368 female survivors of the Virginia Tech campus shootings, the most deadly civilian massacre in U.S. history. These students’ anxiety and depression had been measured before the shootings as part of a separate study and again at two, six, and 12 months after them. As a result, we had a rare window into their psychological reaction to the tragedy. 

“Not surprisingly, about 20 percent of survivors saw substantial increases in anxiety or depression that continued to increase for 12 months, a reaction consistent with posttraumatic stress disorder. On the other hand, almost 60 percent had low levels of depression and anxiety and no statistically discernible uptick after the shootings, a result that confirms the human capacity for resilience. Most remarkable, though, was a group of survivors whose psychological health actually improved. About 15 percent of the sample, in fact, reported substantial reductions in anxiety or depression (or both) in the year after the shooting.” [The Hill’s Congress Blog, January 11, 2016]

 

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Guardian: "The problem with science journalism: we’ve forgotten that reality matters most"

01/06/2016

Guardian: "The problem with science journalism: we’ve forgotten that reality matters most"

There is a continued misunderstanding of what science journalism is, and how it differs from other forms of science communication. Photograph: Alamy

. . . "My opinion remains that reality matters no matter how complicated it may be," says Andrew Revkin, a writer whose blog, Dot Earth, shifted from news to the opinion section at the New York Times in 2010 and who teaches environmental communications at Pace University. "To me, it's all about transparency. If you have an agenda, state your agenda," he adds. "And if you're claiming to be objective, then demonstrate the objectivity."

Read more: http://www.theguardian.com/media/2015/dec/30/problem-with-science-journa...

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Alert Investor: "The Birth of a Hedge Fund"

01/05/2016

Alert Investor: "The Birth of a Hedge Fund"

. . . Fraud occurs more frequently at small hedge funds, but the world of larger funds is also not immune. Perhaps the most infamous examples of the latter were the hedge funds that invested with disgraced investment manager Bernie Madoff, who in 2009 was convicted of running a $50 billion Ponzi scheme. (Learn the warning signs of hedge fund fraud at the FBI’s Hedge Fund Information for Investors page.)

Given the risk of fraud, it also takes a certain personality to win the trust of wary investors. Aron Gottesman, chair of the department of finance and economics at Pace University’s Lubin School of Business said hedge fund entrepreneurs can come from any background – as seen with Zweig’s foray into the field – but they share some common traits.

“They usually have some type of experience within the hedge fund industry already, they have to be well connected and extremely confident in their own ability to generate returns for their clients,” Gottesman said.

For a hedge fund getting off the ground, industry reputation is currency in attracting capital. Institutional investors such as pension funds will often base their decisions on the investment track record of the managers and their real-world experience in the industry.

They also look for a potentially innovative strategy, something that sets the newbie fund apart. But again, even that doesn’t guarantee success.

“There are risks involved,” Gottesman said. “Hedge funds can take risks in the amount of leverage they use. Setting aside any fraudsters that are able to fool the market into giving them money, even those that are experienced and well-meaning can lose a lot in this market.”

Read more: https://www.thealertinvestor.com/the-birth-of-a-hedge-fund/

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