Friday, October 7, 2011

Apple this Week


iPhone 4s vs. Expected iPhone 5
Jenny Mayrock BC'15


This week has been a crazy week for Apple. The company released the highly anticipated iPhone 4s on October 4, and two days later Apple co-founder Steve Jobs passed away. After the new iPhone was released their stock dropped 5 percent. Why? After Apple consumers waited for months for the hyped up ‘iPhone 5’ to be released, the public was disappointed by the iPhone 4s. Although it has new features, the shape is exactly the same as the iPhone 4. There is no doubt that Apple stores will be packed as consumers get their latest tech purchase, but a lot of people are disappointed that no new design was created. Below you can see the difference between the predicted iPhone 5 and the actual iPhone 4s. Will you buy the new iPhone 4s? Leave a comment!

Expected iPhone 5:

APPEARANCE: Technology blogs predicted that the design of the phone would be completely different in comparison to the other phones. They thought that the phone would be a much larger device with a 4 inch screen.

SERVICE: Predictions were that Sprint would be getting the iPhone 5  as an exclusive. This turned out to be false.

New iPhone 4s:

SHAPE: The same as the iPhone 4. Available in white and black colors.

FEATURES:

Siri: This application lets you use your voice to control your phone. It figures out the right apps to use to make calls, send messages, schedules meetings, reminders, ect. All from the sound of your voice.

Dual core a5 chip: Twice the power, seven times faster graphics than the iPhone 4, and improved battery life

8 Megapixel Camera: Higher resolution and video recording, and you can video edit directly on the phone

iOS 5: 200 new features such as notification center where its one place to see whats new on your phone. Similar to Blackberry BBM, I message allows you to send free messages to any iPhone or iPad with iOS 5

iCloud: Wirelessly stores music, pictures, and documents in your device

Wednesday, October 5, 2011

Social Entrepreneurship


Natasha Bhatia CC'14

A new business from Dallas, TX, Jatalo, sells urban bracelets and backpacks, but it’s more than just your regular backpack company.

                This summer when Jatalo founder, 17-year-old Aditya Viswanathan, visited family in India, he found that village children were unable to attend school because of financial need. The education in India is primarily through privately funded village schools, and tuition can be subsidized for less fortunate students. However, the cost of textbooks and related supplies still falls upon the families and, at times, keeps children out of school. Naturally curious and eager to learn, these kids may listen in on classes by peering over the school walls, but they cannot attend as full students. He came back to America with the problem in mind and created Jatalo to do something about it.
The model is simple. For every bracelet Jatalo sells, they donate a textbook to a child in need. For every backpack they sell, they donate a year’s worth of textbooks to a child in need. One backpack at a time, Jatalo is looking to end illiteracy worldwide.
                Unlike other companies, Jatalo works directly with the school administration and teachers to identify students in need and distribute textbooks. “This way,” Aditya says, “the students receive exactly what they need.” By eliminating the intermediary of a nonprofit or governmental agency, Jatalo utilizes the school’s knowledge of its students. He explains that the schools “keep tabs on who has left school and who is about to leave because of financial difficulty, and from these students, the administration selects further based on the student’s promise.” Then the administrators are then able to purchase based on their particular curriculum with Jatalo’s donation.
As a high school senior, Aditya is constantly surrounded by backpacks, so he sought to make his product unique even beyond its mission. Each Jatalo backpack is ethnically inspired, correlating to extant or future possible affiliate regions. “When I was in India,” he explains, “I saw that there was so much vibrant art out there that you don’t see in the everyday world. Why not combine that with something as commonplace as a backpack?” Currently, the two designs are inspired by a traditional South Asian weaving technique, ikat, and on October 2nd, Jatalo announced on its blog that three new backpacks were in the works, one Mexican-inspired, one African-inspired, and one of an unknown variety.
Jatalo’s impact has already been felt halfway across the globe in Mumbai, India. 8th grader Shelar Shraddha Harish writes, “I am very thankful to my sponsor for helping in my education and studies, and I give a promise that I will do my best.”

Columbia students receive a 10% discount at Jatalo with code books71.

Monday, October 3, 2011

"First Class Business in a First Class Way"


J.P. Morgan’s Winning Women event, held Tuesday evening, Sep. 27th, in the Faculty House, was a great way for freshman, sophomores, and juniors to get a taste of what working in a big-bulge investment bank might be like. Six women, all Columbia University graduates, spoke with a high regard for the bank and an excitement and passion for their work. Four of these ladies were first-year analysts and 2011 Columbia graduates: Anastasia Alt- Oil Trading, Erica Dorfman- Diversified Industries Analyst, Stephanie Hwang- Equity Capital Markets Analyst, and Lili Jiang- Credit Risk Analyst. Two women had been at the bank approximately 10 years: Isabelle Aussourd- V.P. of Diversified Industries, and Leanna Byerlee- Managing Director, Country Risk, so a wide range of information and experiences were shared.

J.P. Morgan’s Global Training Program was a main topic of discussion among the new analysts. Its reputation as the “best on the street” was echoed in the opinions all the womens’ stories of the intense 8-week program. They spoke of the invaluable friendships that were made, and the chance to really get your feet wet that proved extremely beneficial once training was over.

Overall, as questions were answered and discussed about the various areas of the investment bank, there was an emphasis on authenticity and open-mindedness. Sure, all of them said the hours are hard and the stress can be high, but knowing yourself is key to finding the right fit within the bank. As Anastasia Alt mentioned, if you don’t want to wake up early, maybe sales and trading isn’t for you! What you do need to succeed in all sectors of the bank is drive, motivation, and open-mindedness.

These women, through their successes at J.P. Morgan, are an inspiration to Columbia undergraduate women, and a testament to how doing what you love and working hard while doing it will always be the best fit.