Experience Stern | News & Events

Excerpt from CNBC -- "'"Only the Paranoid Survive" offers practical advice on how to bridge that narrow line between catastrophe and opportunity, and seize the opportunities,' the Harvard Business Review said in 1996 when the book first came out. 'That's why this book isn't just for managers of high-tech businesses.'"

Excerpt from WalletHub -- "In theory, having a photo on your credit card would deter fraudulent use, but only for in-person retail transactions. Increasingly, transactions are moving online and the physical credit card does not come into play. Also, fraud is easier to perpetrate online and can be done from anywhere in the world."

Excerpt from Bloomberg View -- "'You can see quickly that Tesla is singularly unsuited to using debt,'; wrote Aswath Damodaran back in August, when it was issuing debt. But 'bond investors pretty much ignored the carmaker’s prolific cash burn and repeated failures to meet production targets and lent it $1.8 billion at record-low interest rates.'"

Excerpt from Quartz -- "'Filing patents is common practice in other parts of the world but the importance of filing patents has only of late become apparent to startups in India,' said Anindya Ghose, the Heinz Riehl professor of business at New York University."

Excerpt from The Washington Post -- "'There is a new social contract we are getting into with digital platforms,' Sundararajan said. He suggested that governments need to start forming alliances that are in the public interest — and start getting comfortable with private companies taking on regulatory responsibilities. 'Of course, there’s always a risk that they abuse this privilege,' Sundararajan said. 'But, honestly, I don’t see an alternative.'"

Excerpt from The Wall Street Journal -- "'The moment you get someone on your ecosystem, and they become fluent in your operating system, the switching costs become very real,' Mr. Galloway said. A lot of consumers start on Apple’s or Google’s operating system and never switch, 'so it’s logical to lock them in early,' he said."

Excerpt from Yahoo Finance -- "I think that the financial industry provides a good background for how to think about this. In December I proposed that we think in terms of some sort of KYC [know your customer] laws for social media platforms like we have for financial institutions. And that is some sort of a safeguard so that they know who is paying them, so that would be a good start. But more recently I made the case that that really doesn't go far enough..."

Excerpt from Bloomberg -- "That there are some overtures coming out of China, that they might be willing to negotiate behind the scenes to try to avert a trade war. These are overtures that they have made in the past, they have even committed to making some changes. But what we observe is technically they make some minor changes and five, ten years from now, we are right back in the same position trying to ask for the same kinds of market access."

Excerpt from the Financial Times -- "Aswath Damodaran, a finance professor New York University's Stern School, has spent the past week valuing Spotify on his popular blog ahead of its initial public offering on April 5th. The main point of interest is Spotify's content costs -- what they pay labels and unsigned artists for streaming their music."

Excerpt from TV Globo -- "They are country like rather than company like..."
 

Excerpt from CoinDesk -- "The list of Specially Designated Nationals (SDNs) includes individuals and entities associated with sanctioned governments, terrorism, trafficking in weapons of mass destruction, and illegal drug trafficking. This list includes varying types of records, including in some cases only names, but in other cases names, addresses, aliases, etc. Financial institutions would be required to screen any virtual currency address provided for a transaction against a list to be provided by OFAC, and to either report, deny service to, or block transactions involving any listed addresses."

Excerpt from Bloomberg -- "Many times over the last three decades, the challenges of the Department of Justice were very mild in a sense that it would allow the mergers to go through with various behavioral restrictions, or conduct restrictions that the companies had to follow after the merger. Why the Department of Justice is concerned, and I think it's a legitimate concern, is there was never a follow-up, so the company said, 'We are going to do all these things,' and the merger went through and they didn't really do these things. ...I think both sides have a hard task in front of them and that is why this trial is interesting and why the outcome is uncertain."

Excerpt from Barron's -- "On Wednesday, Zuckerberg managed to sound contrite and give the impression that they are taking action. But he showed up with a squirt gun at a fire he started. What they should be doing is over-correcting. When Tylenol was a victim of tampering in the 1980s, Johnson & Johnson pulled bottles of it from every drugstore, supermarket, and bodega in the country."

Excerpt from The Washington Post -- "Author and professor Adam Alter compares these new technologies and smart devices to slot machines and other addictive substances in terms of their impact on our minds and physical well-being — as well as on our inability to turn away."

Excerpt from The New York Times -- "But now that round-the-clock communications are ingrained in the way we work, some businesses might view cutting out these communications as shortening the workday, and hurting their bottom line, said Sonia Marciano, a professor of management and organizations at New York University’s Stern School of Business. The best solution to fatigue from after-work work, she said, was an honest conversation about expectations between employer and employee. Unfortunately, she said, 'those conversations rarely happen.'"

Excerpt from Bloomberg -- "...Today we are in the age of artificial intelligence, in the age when the consequences of having technology not working the way that it should can be life threatening and so I'm hoping that what this causes is a close look at the philosophy surrounding technology regulations and technology testing and perhaps taking a book from the biological sciences and medicine where things are tested and perfected and then people wait for a few years to better understand any unintended consequences before the product is finally rolled out to the public."

Excerpt from Nightly Business Report -- "I think the recognition that there's obviously been this, as Ms. Sandberg said, breach of trust and the implications that the government and policy makers may want to weigh in on that and the implications of that. I think this becomes a real question: can Facebook help to... co-create the regulations that might be put in place that would govern some degree of control over both advertising and the management of social media online? To me the real question is how deep those regulations would actually go if they were to be put in place and how enforceable they would be..."

Excerpt from Vox -- "New York University researchers Germán Gutiérrez and Thomas Philippon in a recent working paper for the National Bureau of Economic Research examined possible reasons for lower-than-expected corporate investments in the United States since the early 2000s. They determined decreased competition, tightened corporate governance, and short-term pressures are in play."

Excerpt from The Insurance and Investment Journal -- "The world has had a series of financial crises since the Mississippi Bubble, a financial scheme in the early 1700s in France that triggered a speculative frenzy and ended in financial ruin, said Sylla. And there will inevitably be more, he said, as memories of crises past fade, those crying wolf on new worries are 'shooed away' and people in general believe that 'this time will be different.'"

Excerpt from Finder -- "Co-Opetition by Brandenburger and Nalebuff. Typically, we think of the business world as cutthroat – compete at all costs and destroy your competition. This book, using game theory principals, challenges this notion and urges you to expand your horizons. There are many instances where a win-win perspective is far superior to a win-loss perspective."

Excerpt from Fox News -- "Robert Seamans, an associate professor of Management and Organizations at New York University said there may be a good reason why Zuckerberg and Sandberg have yet to comment, noting they might be trying to still collect all of the information needed rather than 'say something quickly for the sake of saying something.'"

Excerpt from the Hindustan Times -- "Indian consumers are unique because they represent a combination of cultural values that are shaped both by their heritage as well as Western influence over the last 150 years. They express these values in consumption and demand product offerings that are more tailored to their tastes rather than standardized Western products."

Excerpt from The New York Times -- "'It’s following the leader — the N.F.L.,' said Allen Adamson, a branding expert and an adjunct professor at N.Y.U. 'It’s good for the Yankees, it’s good for Boston, and an attempt to inject some topspin into the sport, but I don’t think it mitigates the need to revitalize baseball in the United States.'"

Excerpt from Vox -- "'They should know who’s paying them,' said Vasant Dhar, a professor of information systems at New York University, 'because the consequences are very serious.'"