Experience News & Events

Excerpt from The Guardian -- "Facebook and Twitter received the lion’s share of attention in connection with Russia’s election interference in 2016. But Instagram was more important as a vehicle for disinformation than is commonly understood, and it could become a crucial Russian instrument again next year."

Excerpt from Politico -- "According to a Blackburn spokesperson, late additions to the panel roster include Charlotte Slaiman, senior policy counsel at Public Knowledge; Eric Null, senior policy counsel at the Open Technology Institute; and Robert Seamans, associate professor at New York University. They join representatives from Lyft, Airbnb and Freewheel, as MT reported. The group 'will discuss how consumers are now in search of greater protections for their personal information while simultaneously demanding greater rights to transfer that information,' the aide said."

Excerpt from BusinessBecause -- "Largely showcasing thought-provoking research pieces from NYU Stern professors, this account is the place to go if you’re looking for interesting thought pieces on politics, popular culture, and technology. Recent articles include an investigation into Donald Trump’s body language and investigating the market consequences of Tesla’s solar-powered roof tiles—all varied stuff."

On Thursday, September 12, 2019, the NYU Stern W. R. Berkley Innovation Labs and the NYU Entrepreneurial Institute will host the second annual NYU Demo Day, featuring successful NYU entrepreneurs and their startups.

"[Economic] growth is really growth in value... you can take the same raw materials, rearrange them into something we as humans value more... so your ability to create value is really limited only by all the different ways you can configure the raw material on earth into things that we value more."

Excerpt from CardRates.com -- "'We ran a simulation study where we changed the banking policy and allowed the bank to waive the first overdraft fee for a consumer who had never done overdraft before,' Liu said. 'Maybe the customer never realized the overdraft fee was so expensive. So, the consumer learned the lesson, and the next time, the consumer will be more aware and avoid the fee.'"

Excerpt from Bloomberg -- "'You just can’t figure out what will happen with the trade war,' he said. 'It doesn’t mean you’re not concerned, but you’re not chasing your own tail and wondering what to do next and what’s Trump going to say, what’s he going to tweet. That stuff factors into the fund’s positioning but indirectly through the patterns it sees in prices and volatilities.'"

Excerpt from Poets & Quants -- "In 2019, however, only one school — Stanford Graduate School of Business, with 24 — hired more than 20 new professors, with NYU’s Stern School of Business and USC’s Marshall School of Business following at 16 apiece, and Chicago Booth notching 13. In all, just eight schools in the top 25 hired 10 or more new faculty."

Excerpt from Canadian Investment Review -- "'Because insiders have superior private information, have discretion over which of their funds to invest in, and may subsequently alter the fund operations; managers with large personal stakes may choose actions which negatively affect their investors,' the paper said."

Excerpt from CNBC -- "Aswath Damodaran, professor of finance at the Stern School of Business at NYU, who is sometimes called the 'dean of valuation,' analyzed the start-up’s prospectus filed in August. Based on that pre-IPO paperwork, he said WeWork’s equity is worth $14 billion — about 70% below its latest private market valuation."
 

Excerpt from CNBC Closing Bell -- "I'm sure there will be a subset of workers who will like the benefits and the full-time employment status... There are millions of Uber and Lyft drivers who are doing this as transition work to supplement other income so I think if you think that this will be universally welcomed by workers, that's.. dead-on wrong. In particular, the workers who will no longer be able to drive for Uber and Lyft are certainly not going to welcome it."

On Tuesday, September 10, NYU Stern's Center for Global Economy and Business will host a LIBOR Transition Panel. Kim Schoenholtz, Director for the Center, will moderate the discussion, featuring panelists Thomas Wipf, Morgan Stanley; Kathryn Judge, Columbia Law; and Susan Wachter, Wharton.

Excerpt from Clear Admit -- "New York University’s Stern School of Business doubled down on its commitment to social impact with the launch of a brand new Center for Sustainable Business in 2016. ... There is a strong contingent of Sternies who come in deeply passionate about social impact and look to get involved in many ways. Some choose a specialization in Sustainable Business and Innovation, taking courses on topics ranging from impact investing and microfinance to energy and the environment and global poverty alleviation. Others take part in numerous clubs on campus related to sustainability and the environment or social impact."

Excerpt from Clear Admit -- "While top-tier business schools across the board boast star faculty and fantastic foundational courses in finance, NYU Stern sets itself apart in terms of the array of specializations offered that are especially relevant to students interested in financial services."

Excerpt from Admit.me -- "I think the best way for candidates to learn about any school is to try and visit the campus as much as possible. Granted, we understand that candidates coming from all over the world and so that may not always be the easiest thing to do, so there are other ways that you can engage. You could take advantage of the videos on our website. You can take advantage of the webinars that we host. It could be that you're connecting with the current students or even the alumni that live in the region that you are currently in."

Excerpt from Admit.me -- "Stern is a school on the move and has always been an early adopter. We were among the first programs to accept the GRE as a second choice to the GMAT, and now we are excited to also accept the EA. As one of three standardized test options available to students, the EA provides a valid predictor of graduate school academic readiness. It's been created specifically to measure the skills and knowledge of professionals. It is also designed to require modest preparation and is shorter in length at 90 minutes."

New research from the NYU Stern School of Business and Boston University Questrom School of Business finds that patients are less receptive and less likely to trust AI over human healthcare providers.

Excerpt from Channel News Asia -- "There are all these new influencers who actually started their blogs or Instagram accounts because they wanted to voice their difference -- not necessarily because they wanted to be in the business of selling fashion, which I think is a very important issue that consumers appreciate, rather than having brands telling them, 'buy, buy, buy', they have someone who is a little bit more objective, or neutral."

Excerpt from Variety -- "'There’s less of the "giant idea" that’s meant to re-paint the sky but more down-to-earth [concepts] that can be implemented in the short term,' says Al Lieberman, professor at New York University’s Stern School of Business and executive director of NYU’s Entertainment, Media & Technology program."

Excerpt from Vox -- "'The market opportunities are on the, "Mom, can I get new [insert backpack brand, sneaker brand, or clothing brand here] for school this year? All my friends have them."'"

Excerpt from Financial Times -- "Many partners get offers to do other things at hedge and private equity firms ... that means that Goldman Sachs has to keep the partnership flame alight to continue to attract talented people."

Excerpt from Bloomberg -- "At 20 billion, this makes no sense. The fact that it's been cut in half doesn't matter."

Excerpt from HuffPost -- "Instagram has become one of the major vehicles for spreading disinformation, according to a new report from the NYU Stern Center for Business and Human Rights, which points to a 'lack of clear strategy for addressing the serious problems inherent in Instagram’s operating model.' Under growing pressure, the tech giant has taken steps to crack down on problematic accounts and to arm users with tools to identify suspicious activity."

Excerpt from The New York Times -- "'It’s a metaphor for my sense of economics,' Mr. Romer said. 'I picture an economist showing up at Burning Man and saying: "Oh, look! This is the miracle of the invisible hand. All of this stuff happens by self-interest, and it just magically appears." And there’s this huge amount of planning that actually is what’s required beneath it to make the order emerge.'"

Excerpt from The Wall Street Journal -- "A growing mountain of research has focused on corporate concentration in the U.S. Mr. Philippon reviews much of this evidence and concludes competition has indeed declined to the detriment of consumers. His novel contribution, though, is to contrast this with the experience of Europe. Indeed, he was inspired by a mundane question many European visitors ask: 'Why on earth are U.S. cellphone plans so expensive?'"