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China Daily USA: "Pace Univ 'bridges' US-China gap"

03/26/2014

China Daily USA: "Pace Univ 'bridges' US-China gap"

As scholars and academics continue efforts to encourage the study of China, Pace University, in Lower Manhattan, is trying an alternative tack to promote its students' interests in the world's second-largest economy - by subsidizing a chance to study abroad.

The Annual Chinese Bridge Eastern USA Proficiency Competition for Foreign College Students offers participants from a number of schools the opportunity to study in China, provided their knowledge of the Chinese language and culture stands out.

Weihua Niu, a director of the Confucius Institute (CI) at Pace, said this event has become one of the program's highlights since it began in 2010.

"Each year there are more than 20 students from at least 10 universities who submit their materials," Niu said Monday. "This event really allows students to showcase how they can use their language skills to contribute to future experiences - so it's not a competition, it's a celebration."

Read more: http://usa.chinadaily.com.cn/2014-03/25/content_17378539.htm

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USA Today: "Oculus acquisition: Why Facebook and not Google?"

03/26/2014

USA Today: "Oculus acquisition: Why Facebook and not Google?"

. . . virtual reality augmenting the way we connect is likely more a matter of when than if, says Larry Chiagouris, professor of marketing at Pace University.

"This is a brilliant move on Zuckerberg's part, and a big contrast to Google's Glass," he says. "Facebook is all about sharing, and this technology clearly will allow sharing beyond anything we've seen this far."

Chiagouris allows that mass adoption will hinge on a Rift successor being far smaller than the present device, which is the size of ski goggles. But he adds that if there is one inviolable tech trend, it's the miniaturization of everything.

"This purchase is just a small step in the direction we're all heading, which is an immersive experience for all of the senses," he says. "If someone tomorrow invents something that allows you to explore someone's thoughts, I'm sure Facebook will buy that, too."

Read more:

http://www.usatoday.com/story/tech/2014/03/26/oculus-facebook-vs-google/6915611/

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Robert J. Chersi, former CFO and Member of the Executive Committee of Fidelity Investments, named Executive Director of the Center for Global Governance, Reporting and Regulation at Pace University

03/26/2014

Robert J. Chersi, former CFO and Member of the Executive Committee of Fidelity Investments, named Executive Director of the Center for Global Governance, Reporting and Regulation at Pace University

FOR IMMEDIATE RELEASE

Robert J. Chersi, former CFO and Member of the Executive Committee of Fidelity Investments, named Executive Director of the Center for Global Governance, Reporting and Regulation at Pace University

Chersi to succeed John Alan James, who will become Chairman Emeritus of the Center

New York, NY – March 26, 2014  – The Lubin School of Business at Pace University today announced that Robert J. (“Bob”) Chersi has been appointed executive director of its Center for Global Governance, Reporting and Regulation. He will succeed John Alan (“Jack”) James, who will become Chairman Emeritus of the Center.

“Bob possesses a deep understanding of financial institutions given his extensive leadership experience in that industry,” said Neil S. Braun, Dean of the Lubin School of Business and former President of the NBC Television Network and CEO of Viacom Entertainment. “He is well-positioned to lead the Center in the next phase of its development.”

Chersi is an accomplished corporate financial and risk executive who joined Lubin as the Center’s Advisor in July 2013 and also serves as an adjunct professor of finance and economics.  His business career included experiences as CFO and Member of the Executive Committee of Fidelity Investments, Member of the Group Managing Board of UBS AG, and CFO for U.S. Wealth Management. In these roles, he functionally led finance, risk and compliance organizations, and served on many industry committees and associations. He started his career servicing financial institutions industry clients as a CPA with KPMG, after graduating from Lubin. 

Jack James, an internationally recognized corporate governance leader, joined Lubin as an adjunct professor in 2003 and was appointed the inaugural Executive Director of the Center in 2012.  During his tenure he created a new course, Comparative Corporate Governance Systems, and modified a second course to reflect the growing need for academic input on regulatory strategies. The two courses form the basis for the initial sessions of the Certified Compliance and Regulatory Professional (CCRP®) program and qualify certificate winners with credit for applying toward a graduate degree at Lubin.  James is a former management consultant with Hewitt Associates and McKinsey & Co., and he also created his own firm, Management Counsellors International, S.A.  He earned his bachelor’s degree from Northwestern University and an MBA from the University of Chicago’s Booth School of Business.

"We want to thank Jack for his leadership and commitment and look forward to his continuing contributions,” said Braun. “He led the development of our successful CCRP® program and created a strong foundation for the Center’s further growth in today’s complex and evolving regulatory environment.” 

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About the CCRP® Program and the Association of International Bank Auditors:  The CCRP® (Certified Compliance and Regulatory Professional) Program is a six-month premier certificate program for compliance professionals in the financial institutions industry. The program is jointly sponsored by the Lubin School of Business at Pace University and the Association of International Bank Auditors (AIBA) and recently commenced its fifth cycle of certification of industry professionals. The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 U.S. branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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The Atlantic: "How Actors Create Emotions: A Problematic Psychology"

03/24/2014

The Atlantic: "How Actors Create Emotions: A Problematic Psychology"

. . . In truth, cognitive scientists and psychologists have been reluctant to embrace acting as a serious subject of study. But researchers like Thalia Goldstein, an assistant professor of psychology at Pace University, have recently started to investigate the links between the two fields with the idea that both disciplines can be enriched by a study of their commonalities. In a joint paper from Goldstein and Yale professor Paul Bloom, “The mind on stage: why cognitive scientists should study acting,” Goldstein argues that psychologists can look to how actors create emotions in order to understand human nature in a new way.

“I think that at their cores, psychology, cognitive science, and theater are all trying to do the same thing, which is understand why people do the things they do, our range of behavior, and where it comes from,” Goldstein says. “It’s just two different ways of looking at the same question.”

Read more: http://www.theatlantic.com/health/archive/2014/03/how-actors-create-emotions-a-problematic-psychology/284291/

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Crain's New York Business: "Wicked returns for his investors -- Broadway producer David Stone and the art of 1,000% paybacks."

03/24/2014

Crain's New York Business: "Wicked returns for his investors -- Broadway producer David Stone and the art of 1,000% paybacks."

. . . The show, based on Gregory Maguire's novel Wicked: The Life and Times of the Wicked Witch of the West, acts as a prologue and epilogue to The Wizard of Oz. It details the evolution of Elphaba, the once-bullied green girl who finds strength, conviction and love even though people perceive her as wicked.

"It's the Ugly Duckling story set on its head, and we can all relate to that," said Jorge Cacheiro, chair of the performing-arts program at Pace University.

Read more: http://www.crainsnewyork.com/article/20140323/ARTS/140329955/wicked-retu...

 

 

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Investor's Business Daily: "Can Snapchat Security Issues, Like Photos, Disappear?"

03/24/2014

Investor's Business Daily: "Can Snapchat Security Issues, Like Photos, Disappear?"

. . . "Before the scandals, I thought the valuation was way too high," says marketing professor Larry Chiagouris of Pace University in New York. "Now there's no doubt in my mind it was too high.

"There are other issues besides privacy, not the least of which is the business model. How do they end up providing some value-added service to advertisers?"

Read more: http://news.investors.com/technology/032114-694192-snapchat-faces-security-issues-after-turning-down-facebook.htm

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E-Commerce Times: "Office for iPad May Be Waiting in Wings"

03/21/2014

E-Commerce Times: "Office for iPad May Be Waiting in Wings"

. . . "The people who are in a position to pay will happily pay because it means their iPads have become that much more efficient," said Jonathan H. Hill, an associate dean at the Seidenberg School of Computer Science and Information Systems at Pace University.

"Those of us who use iPads during the course of a business day -- our machines just got a whole lot more valuable for us," he told the E-Commerce Times.

- See more at: http://www.ecommercetimes.com/story/Office-for-iPad-May-Be-Waiting-in-Wi...

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MLive Media Group (Michigan): "Is Toyota's $1.2 billion settlement a foreshadowing for GM ignition switch recall?"

03/20/2014

MLive Media Group (Michigan): "Is Toyota's $1.2 billion settlement a foreshadowing for GM ignition switch recall?"

. . . John Alan James, executive director of the Center for Global Governance, Reporting and Regulation at Pace University’s Lubin School of Business in New York City, said he feels the “new” GM will somehow be punished for the “old” GM’s missteps.

“These failures in corporate governance carry major financial risks and even more important, reputational risks which damage the corporate image, possibly for years to come,” said James, who has advised clients including 50 of the U.S. Fortune 100 major multinational corporations and foreign companies.

James pointed out that the U.S. Justice Department could continue to use the section of the law called “wire fraud,” as it did with Toyota, to fine automakers that mislead the public or regulators.

Read more: http://www.mlive.com/auto/index.ssf/2014/03/is_toyotas_12_billion_settleme.html

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E-Commerce Times: "Apple Flirts With Lower-End Mobile Market"

03/19/2014

E-Commerce Times: "Apple Flirts With Lower-End Mobile Market"

With Apple's entry into the lower-cost market, the company "is reaching more consumers but demising the upside potential for any one particular model," Larry Chiagouris, professor of marketing at Pace University, told the E-Commerce Times.

"The only way to make money," he said, "is to hope it can migrate consumers to higher-end models for their next purchase."

- See more at: http://www.ecommercetimes.com/story/Apple-Flirts-With-Lower-End-Mobile-M...

. . . With Apple's entry into the lower-cost market, the company "is reaching more consumers but demising the upside potential for any one particular model," Larry Chiagouris, professor of marketing at Pace University, told the E-Commerce Times.

"The only way to make money," he said, "is to hope it can migrate consumers to higher-end models for their next purchase."

- See more at: http://www.ecommercetimes.com/story/Apple-Flirts-With-Lower-End-Mobile-Market-80161.html#sthash.dJOYTKIY.dpuf

 

With Apple's entry into the lower-cost market, the company "is reaching more consumers but demising the upside potential for any one particular model," Larry Chiagouris, professor of marketing at Pace University, told the E-Commerce Times.

"The only way to make money," he said, "is to hope it can migrate consumers to higher-end models for their next purchase."

- See more at: http://www.ecommercetimes.com/story/Apple-Flirts-With-Lower-End-Mobile-M...

With Apple's entry into the lower-cost market, the company "is reaching more consumers but demising the upside potential for any one particular model," Larry Chiagouris, professor of marketing at Pace University, told the E-Commerce Times.

"The only way to make money," he said, "is to hope it can migrate consumers to higher-end models for their next purchase."

- See more at: http://www.ecommercetimes.com/story/Apple-Flirts-With-Lower-End-Mobile-M...

 

With Apple's entry into the lower-cost market, the company "is reaching more consumers but demising the upside potential for any one particular model," Larry Chiagouris, professor of marketing at Pace University, told the E-Commerce Times.

"The only way to make money," he said, "is to hope it can migrate consumers to higher-end models for their next purchase."

- See more at: http://www.ecommercetimes.com/story/Apple-Flirts-With-Lower-End-Mobile-M...

 

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Newsweek: "Why Ukraine Hasn’t Sparked a Big Cyberwar, So Far"

03/18/2014

Newsweek: "Why Ukraine Hasn’t Sparked a Big Cyberwar, So Far"

. . . “I think ultimately if this does turn into cyberwarfare, there could be attacks on critical infrastructure,” says Darren Hayes, a professor at Pace University and an expert in digital forensics and cybersecurity. “If you think about someone hacking into the subway system, that’s a pretty serious blow.”

Read more:

http://www.newsweek.com/why-ukraine-hasnt-sparked-big-cyber-war-so-far-232175

 

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