The startup said it plans to use the funding to “accelerate” its efforts in the U.S., with plans to open an office in Silicon Valley this year, and also to step up its competitiveness worldwide. The app builder space is a relatively crowded one, but with mobile users’ insatiable appetite for apps there’s plenty of room for multiple players to try their hand at making it really easy for non-techies to get technical.
Mobincube is web based software where anyone can create their own mobile application (app) without any software programming knowledge whatsoever. The resulting apps can be used to obtain income, promote business, sell products and create them for third parties by selling app developer services to clients. The apps created using Mobincube are compatible with Android smartphones and tablets, iPhone, iPad, Windows Phone and Blackberry. From a user perspective, the process of building an app with Mobincube is relatively simple, from...
Apple CEO Tim Cook spoke to students and alumni at Duke University's Fuqua School of Business in April 2013. Cook earned his MBA from Fuqua and returned to the school for his 25th reunion. Cook talked about intuition, collaboration, ethics, breaking the rules, how to lead, and leaders who inspire him in conversations with Dean Bill Boulding.
Are you tired of the mess in your wallet overfilled with loyalty cards and coupons? – The free Stocard app collects all loyalty cards on your smartphone and is now available on the Spanish app store. Providing users with personalized offers and coupons, Stocard creates a unique communication channel, through which offline retailers can reach young mobile customers. Moritz Heck joined Stocard after completing his dual degree at IE Business School last December. He is convinced that the Stocard app has the potential to change the offline shopping experience. Working as CFO & Head of Business Development he can put the entrepreneurial knowledge into practice, which he acquired during his MBA and Master in Finance at IE Business School.
The Stocard app has already replaced about four million plastic loyalty cards for more than one million users in several countries. Now it also puts Spanish customers’ wallets on a diet. Stocard currently ranks 1st in the Spanish app store – just a few days after its launch. “Smartphones are the future. They can completely replace all loyalty cards with the free Stocard app for iPhone and Android”, says David Handlos, CEO and founder of Stocard.
Stocard is very easy to use: Simply scan your loyalty card with your smartphone’s camera. The app then creates a digital version of the card on your phone. Stocard already supports 100 default loyalty cards – from Club Vips, over El Corte Ingles to Shell Clubsmart. If a rare card is not on the list, you can type in the store’s name by hand and easily add the desired card. Whenever you want to use your loyalty card, just show your phone with the digital copy and receive discounts and rewards, just as you would with the plastic card.
In May Moritz will be able to put his IE experience into action, when he will pitch Stocard at the biannual IE Venture Days in Madrid. Stocard has been announced as one of the ten finalists presenting in front of VCs from across the globe. This will be an excellent opportunity to find potential international partners for Stocard’s future expansion in Europe and beyond.
Each week Bloomberg Businessweek brings you an
update on how MBA alumni from top business schools are making news—the
good, the bad, and the ugly. This week, graduates from Harvard, Wharton,
Kellogg, and Cornell were among those making headlines.
The euro zone’s debt crisis is just the center of an “adjustment” which is affecting all advanced economies, former European Central Bank (ECB) President Jean-Claude Trichet told CNBC.
Getty Images Jean-Claude Trichet
“The Europeans have a special responsibility because we are the epicenter of the worst crisis since World War II. And that, of course, calls for highly responsible decisions,” he said.
All the advanced economies are undergoing their first major adjustment since the Second World War, according to Trichet.
“When you look with historical credit at what has happened since 2007, it was the start of the adjustment of the advanced economy. We have to understand-- it's our turn. We cannot ask the rest of the world to finance us eternally if we spend more than we earn. As simple as that,” he said.
“We paid quite a high price for a dominant vision, which was too much benign neglect before the start of the crisis.”...
It was only a matter of time before a prominent business school decided to do its own version of Facebook to better connect alumni around the world. Not surprisingly, the school that will launch its Facebook-like network is Dartmouth College’s Tuck School of Business.
Next month, the school will take the wraps off of an impressive and innovative effort to use a private social network to more effectively link its 9,100 alumni—already the most loyal and generous of any business school in the world—with each other as well as the Tuck’s faculty and current students...
...The HBS African-American Alumni Association (HBSAAA) has joined forces with Dell to put computers into the hands of promising young students who might not otherwise have access them. ..
Since the project’s launch in October 2004, more than a dozen HBSAAA volunteers have dedicated several hours every other Saturday to serve as mentors to eighteen middle-school students from the KIPP (Knowledge Is Power Program) Academy, an innovative arts-focused charter school in the South Bronx...
LONDON — It always pays to do your homework. And as Jeremy Bedzow, an M.B.A. student at the IE University in Madrid, can attest, in business school it often pays to volunteer — especially if you are looking for rewards that go beyond the bottom line.
Working with a team of IE students in Madrid, Mr. Bedzow helped Microsoft to develop a model program to provide training in information technology as well as the soft skills required to function inside the corporate world.
Known as ITCAN Academy, a pun on the Arabic word for perfection, itqan, the course recruited 100 university students, all of whom had to be Saudi nationals...
“One of our objectives at IE is to educate global citizens,” Mr. Íñiguez (Dean) said. “We try to instill civic virtue through the whole curriculum. Instead of having a module on ethics, we believe every course, every subject, every professor, should address these issues.”..
“That diversity also needs to be part of the learning process,” Mr. Íñiguez said. “We need to get beyond gender, or the number of passports in the class, and make sure our graduates are genuinely comfortable with different views and different values. We need to help students get rid of their arrogance.”
Jörg Asmussen, originally from Germany, came to Italy to attend the SDA Bocconi Master in Business Administration taught in English during 1991-1992. He will take office on the European Central Bank Board on 1 January 2012.
The European Council has recently officially named the German national Jörg Asmussen, an alumnus of the SDA Bocconi MBA, a member of the Executive Board of the European Central Bank (ECB), substituting the resigning Jürgen Stark. Asmussen will take office on 1 January 2012. Jörg Asmussen attended the English version of the SDA Bocconi MBA during the 1991-1992 academic year.
The Executive Board of the ECB, made up of the President and Vice President of the Bank and 4 other members, has the responsibility of "preparing Governing Council meetings," says the ECB website, in addition to "implementing monetary policy for the euro area in accordance with the guidelines specified and decisions taken by the Governing Council and giving the necessary instructions to the euro area NCBs, managing the day-to-day business of the ECB and exercising certain powers delegated to it by the Governing Council."
Yu Yongding, currently President of the China Society of World Economics, is a former member of the monetary policy committee of the Peoples' Bank of China and former Director of the Chinese Academy of Sciences Institute of World Economics and Politics.
David Daokui Li (Chinese: 李稻葵; pinyin: Lǐ Dàokúi) is a Chinese economist economist and the Director of the Center for China in the World Economy (CCWE) at the Tsinghua University School of Economics and Management and is the Mansfield Freeman Professor of Economics. He currently teaches courses on economic transition, corporate finance, international economics, and China's economy....He is a member of the 1985 inaugural class of the Tsinghua School of Economics and Management (Tsinghua SEM)..
Li Daokui is a part of a trio to replace Fan Gang, as academic members to the central bank’s monetary policy committee (PBOC Monetary Policy Committee)...
“It is in China’s long-term and intrinsic interest to help Europe because they are our biggest trading partner but the chief concern of the Chinese government is how to explain this decision to our own people,” said Professor Li.
“Any mis-steps in helping Europe could cause problems with domestic public opinion – the Chinese people will watch very carefully what their own government does,” Prof Yu said. “European leaders also must have a clear plan of what to do and they must show China they have the political will as well as the support of their own people; if we see protests and chaos all the time, then China won’t have confidence in Europe’s political ability.
We just got back from the 2011 Joint Alumni Conference (JAC) in Zurich and thought we'd share some of the highlights. Set at the superb Swiss Re Center for Global Dialogue, nestled in woodland with blue-sky views of the lake, the conference attracted an impressive array of speakers and several hundred MBA alumni from the world's top business schools...
- The CarbonNeutral Company(Wikipedia) is a global provider of carbon reduction solutions. Founded in 1997, the company has been one of the first providers of voluntary carbon offset credits in the world.
...This type of innovative leadership, says Maceda, could “apply broadly to most service-based organizations who want to make people the heart of a sustainable, competitive advantage, and to translate better products that meet clients needs better.” Such an organizational model holds true even or especially during times of crisis. “If you believe you have a strong competitive advantage, usually during times of crisis you can harness that and win.”...
The country head of HSBC was the first woman to enter the male bastion of investment banking
...The list of Kidwai's firsts is staggering: she was the first Indian woman to graduate from Harvard Business School, or HBS; the first woman to be hired by PriceWaterhouse in India; the first woman to lead a foreign bank in India. Kidwai says she had to work "very hard" to find her space among the men...
The newest crop of writers includes nontraditional candidates—a journalist, a pollster, and a Google "jack of all trades"—all yearning to make their mark
The MBA Journals, which challenge incoming MBA students to share their business school journey with Bloomberg Businessweek readers, have become a rite of passage of sorts. Many MBA applicants read the journals in hopes of discovering what a typical day will be like on a particular campus, how they’ll ever find an internship or full-time job, and what kind of social life they can expect...
The man who started the private equity industry 40 years ago, is plotting to harness entrepreneurship to act as an agent for social change.
...has been back to Harvard and a clutch of other top universities to tell the students about the next big thing in the business world – social finance...
"We want to do the same thing for social entrepreneurship. We want to connect the capital markets to the social sector.
"I think it is going to be similarly powerful because the impact of the recent crisis on peoples consciousness has emphasised the importance of dealing with the social consequences of the [capitalist] system."
Sir Ronald is fervent in his belief that this is more than just the latest business fad, but a crunch-point moment for the entire Western market-based system.
"It is not enough to increase the standard of living at the high end. It is right at the same time to worry about those who are left behind," he says.
"I think societies everywhere will come to the conclusion that an important part of the capitalist system is having a powerful social sector to address social issues, because government doesn't have the resources."
The Tuck School of Business Annual Giving campaign broke a world record when it reached a 70.5 percent participation rate in its 2011 campaign, according to a Tuck press release. Participation in Tuck Annual Giving has historically been higher in comparison to other business schools in the United States and around the world...
"Looking back, Georgetown was the perfect fit for me. I wanted an urban school, with an international focus and a globally known brand name"
I started business school at Georgetown's McDonough School of Business (McDonough Full-Time MBA Profile) with panic attacks. Once I met my classmates (incredibly accomplished people who were arriving from all walks of life and all corners of the world) and realized the full magnitude of our course load (four new classes every seven weeks, plus four residencies), I thought that a person like me (background in education, no real business experience) could never make it...
One of the most valuable assets of a top-ranked business school is its alumni network. It’s a major consideration by applicants in choosing an MBA program, and it’s a significant sign of a school’s true brand strength in the marketplace.
But it’s also something that is hard to measure. There is no available metric that will let you know how often the alumni network at a school gets current students internships or jobs. There is no measurement to find out how often an alum returns the call of a student for advice, mentorship, or networking.
There is, however, one very telling number to judge the strength of a school’s alumni network: the percentage of alumni who give money to a school every year. As Paul Danos, dean of Dartmouth’s Tuck School of Business, puts it, a school’s annual alumni giving rate is “a long-term satisfaction index.”
Alumni wouldn’t be handing over money to a school especially if they felt no affinity toward the institution or were unsatisfied with the MBA experience they received. So high alumni giving rates might well be the single best proxy to assess both the satisfaction of MBAs with an institution as well as the ultimate value of the network a graduate inherits at commencement.
Which business schools do exceptionally well on this index? Year in and year out, the Tuck School beats every other institution in the world when it comes to annual alumni giving. Last year, for example, some 67% of Tuck’s 8,976 living MBAs wrote checks to the school. That is an extraordinary level of support at a time when the average rate of giving for a top-20 business school is roughly 20%.
“That is like the four-minute mile,” boasts Danos. “The appreciation for Tuck grows as our graduates go out and speak to others about their experiences. That long-term satisfaction has to be high given the unheard of rate of giving. I do think it’s a long-term endorsement of the general way we educate.”
This year, Tuck will reach a new milestone, eclipsing the highest participation rate in its history. With a May 31st deadline approaching for its annual giving campaign, more than 68% of its alums have already send in their checks, beating the 67.5% peak reached in 2008. Danos is hopeful that the school might very well hit 70% this year.
And after Tuck? It’s Yale University’s School of Management, which last year saw 46% of its MBA alums reach into their pockets to donate money to the school; the University of Virginia’s Darden School, the beneficiary of a 43% alumni giving rate last year, and the Stanford Graduate School of Business, which reported a 41% participation rate by MBA alums....