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E-Commerce Times: "Uber Makeover Draws Derision"

02/08/2016

E-Commerce Times: "Uber Makeover Draws Derision"

. . . The backlash is real and widespread, "but we have to keep this all in perspective," commented Larry Chiagouris, professor of marketing at Pace University. The negative reactions will "go away as long as the service delivered remains at a high level."

Logos are critical for image-driven brands and related products, but Uber is "a utilitarian service which brings no status at all to the user," he told the E-Commerce Times.

The rebranding "is a great tactic for a well-established company interested in creating news about its business," but it's "not a good use of resources at the moment," Chiagouris pointed out. Uber "would be better off allocating resources to increase the quality and quantity of drivers."

Read more: http://www.ecommercetimes.com/story/83075.html

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The Wrap: "‘Deadpool’ Ad Stunt to Blanket Shows on 5 Viacom Networks – Even ‘The Golden Girls’ (Exclusive)"

02/08/2016

The Wrap: "‘Deadpool’ Ad Stunt to Blanket Shows on 5 Viacom Networks – Even ‘The Golden Girls’ (Exclusive)"

. . . Larry Chiagouris, a marketing professor at Lubin School of Business at Pace University, said show takeovers are uncommon, and ones that span several programs, networks and days are rarer still. But such campaigns make sense for advertisers in today’s environment, he said.

“The truth is the average consumer’s attention span has declined because there are so many distractions. One way to deal with it is repetition,” he said. Weaker ratings have brought down the cost of buying media time, making such a widespread campaign more cost-effective. And network fragmentation, he said, tends to make a channel’s audience homogeneous, so you can cater to specific audiences.

Read more: https://www.thewrap.com/deadpool-ad-stunt-to-blanket-5-viacom-networks-even-the-golden-girls-exclusive/

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Fortune: "Years of CEO Stock Incentives Are Causing Economic Volatility Today"

02/04/2016

Fortune: "Years of CEO Stock Incentives Are Causing Economic Volatility Today"

. . . a  New York Fed paper, written by researchers from Columbia University, Pace University, and the New York Fed, delved into the root causes of the crisis and the source of possible future economic malaise.

Their findings described a system that gives CEOs motivation to take bad corporate decisions. And they suggested how boards of directors could make a simple change that would reduce economic and market volatility, and position the economy and companies to be more stable and prosperous and less prone to layoffs and recession.

That simple change? Adjust the way CEOs are paid.

When CEOs are paid highly in options or restricted stock (as most CEOs of large U.S. companies are today), “the economy becomes more volatile,” Columbia professor John Donaldson told me at the time. This kind of economic volatility isn’t driven by business fundamentals and makes the economy unpredictable, according to Pace Business School professor Natalia Gershun, another study author. A more volatile economy creates uncertainty for us all.

Read the February 1 article by Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance (http://www.thevaluealliance.com), an independent board education and advisory firm she founded in 1999. She has been a regular contributor to Fortune since April 2010 and is the author of two books on corporate governance and valuation.

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MSNBC: "For Ted Cruz, Iowa victory proves more than evangelical support"

02/03/2016

MSNBC: "For Ted Cruz, Iowa victory proves more than evangelical support"

Senator Ted Cruz at a rally in Ames, Iowa, Jan. 30, 2016. Photo by Mark Peterson/Redux for MSNBC
 
. . . “I think it’s too soon to talk about whether he has a chance for the nomination or not,” said David Caputo, president emeritus and a political science professor at Pace University. “But I think Ted Cruz will be in the race for some time, even in states without a significant evangelical base.”
 

 

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Omaha World-Herald: "Evangelical support propels Ted Cruz, disappointing Trump; Rubio strong in 3rd"

02/02/2016

Omaha World-Herald: "Evangelical support propels Ted Cruz, disappointing Trump; Rubio strong in 3rd"

The victory gives Ted Cruz a boost of momentum, but he faces a stiffer contest in New Hampshire. | AP Photo

. . . Cruz’s win is clearly a “feather in his hat,” but it’s important to remember that the past two winners of the Iowa caucuses have failed to win the nomination, said David Caputo, a political scientist at Pace University in New York.

“Iowa is important, but it’s not as important as Iowans want to tell you, especially when you look at (Rick) Santorum and (Mike) Huckabee,” said Caputo.

Read more: http://www.omaha.com/news/politics/evangelical-support-propels-ted-cruz-disappointing-trump-rubio-strong-in/article_628b8542-c958-11e5-b684-1bc1dcf0866f.html

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Computerworld: "Encryption bills pose challenges for Congress"

01/29/2016

Computerworld: "Encryption bills pose challenges for Congress"

. . . Professor Darren Hayes, director of cybersecurity at Pace University, said he supports the idea of a congressional commission to review encryption laws and policies.

"The whole idea of government access to communications is nothing new," Hayes said in an interview. "Every telecom company has to set up their infrastructure so that law enforcement can set up a wiretap" subject to a court order.

He also said that some type of legal step may be needed to gain greater access. "The vast majority of companies will never hand over data without any kind of warrant or subpoena. The idea that companies will help out law enforcement is not true at all."

Hayes has served as a forensics encryption specialist in more than two dozen criminal cases in the New York area since 2008 to help prosecutors bring cases against people accused of being pedophiles and other crimes who have resorted to hiding criminal activity with encrypted data.

Hayes is well aware that any U.S. law on encryption wouldn't apply to other countries, but said a broad-based discussion "is a good discussion to have …The list is growing of potential prosecutions held up by [not having] a full disclosure of encrypted data." In any event, he added, "I'm a big proponent that you have to have a warrant to gain access."

Read more: http://www.computerworld.com/article/3028014/encryption/encryption-bills-pose-challenges-for-congress.html

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E-Commerce Times: "Wall Street Backs Off Apple"

01/29/2016

E-Commerce Times: "Wall Street Backs Off Apple"

. . . Though hardware accounts for more than half of Apple's business, the company has been pivoting toward services, noted Larry Chiagouris, professor of marketing at Pace University's Lubin School of Business.

That should count for something with investors, he said.

"Its ecosystem, to include iTunes and iCloud services, are either already dominant or possibly on the way to being dominant, and so this is not the time to lose faith in the company or its stock," Chiagouris told the E-Commerce Times.

The current perceived loss of faith likely is a byproduct of the times, he suggested. In a connected world, speed rules and investors don't hesitate to look elsewhere for growth when a company stumbles.

Also, investors are more influenced by media reports today than they were a decade or two ago, Chiagouris pointed out.

"All the reporting as of late has been on iPhone sales slowing, and so investors are reacting to these reports," he said. "The more important fact is that, ultimately, hardware companies always confront shrinking margins as the products that they make begin to become less differentiated or even commoditized."

Read more: http://www.ecommercetimes.com/story/83040.html

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U.S. News & World Report: "Best Online Bachelor's Programs"

01/29/2016

U.S. News & World Report: "Best Online Bachelor's Programs"

Pace University is ranked among the Best Online Bachelor's Programs.

Read more: http://www.usnews.com/education/online-education/bachelors/rankings?int=...

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U.S. News University Directory: "Top 11 Online Graduate Criminal Justice Programs"

01/29/2016

U.S. News University Directory: "Top 11 Online Graduate Criminal Justice Programs"

Pace University is ranked among the Top 11 Online Graduate Criminal Justice Programs:

Read more: http://www.usnewsuniversitydirectory.com/articles/top-11-online-graduate-criminal-justice-programs_15415.aspx#.Vqoz55zwqPE

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Announcement from President Stephen J. Friedman

01/28/2016

Announcement from President Stephen J. Friedman

January 27, 2016 -- Pace University President Stephen J. Friedman confirmed today that, as he previously indicated to the Board Chairman, he will not request reappointment at the end of his current term in June 2017. Upon the conclusion of his second term, Friedman will have served 10 years as University president. In a letter this morning to the entire Pace community, a copy of which can be found below, President Friedman shared his pleasure on the major strides Pace has made during the past nine years and the very bright future that lies ahead for Pace. The process of selecting the University’s next president will begin shortly.

Stephen J. Friedman became the seventh president of Pace University in June 2007. He was reappointed for a second five-year term by unanimous vote of the University’s Board of Trustees in 2011. Prior to being named president, he served for three years as dean of Pace University School of Law.

Mark Besca, Chairman of Pace University’s Board of Trustees, this morning praised Friedman’s leadership:

“Stephen Friedman is a transformational figure who, from day one, had a keen sense of the University’s potential and a visionary plan to achieve it. Throughout two remarkable terms as president, he has demonstrated passionate advocacy for our students and worked tirelessly to position Pace for a bold and bright future.”

 

 

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