WSJ Journal Bucket

WSJ JOURNAL BUCKET

WSJJournal Bucket

WEEK1: INTERNET TECHNOLOGY

Issue:Smart phones and Security

Genre:Editorial

Source:Smart phones targeted to provide information and evidence duringarrests.

Author:Jess Bravin

Published:April 28, 2014

URL:&lthttp://www.wsj.com/articles/SB10001424052702303939404579530062051732026&gt

Inthe article, Jess Bravin explores the extent to which the justice andthe legal system go to conduct searches on suspects arrested duringpolice raids. Bravin seeks to shed light on the collision between thecapabilities of mobile technology and the fourth amendment. Thefourth amendment law prohibits unnecessary seizures or warrantlesssearches. Bravin explores a survey revealing that 90% of Americanshave cell phones with 58% of them actively using smart phones.According to Bravin (2014), smart phones contain intimate personaldetails of the owner, such as the internet browsing history,entertainment details, and health records, religious and politicalbeliefs. To explain more, Bravin further gives examples ofwarrantless searches conducted by police officers on suspects thatamounted to recovery of evidences linking the seizures to thesuspected crimes. But Bravin (2014) has also brought out the clashesin the judicial system on such searches.

Fromthe article, I learned that warrantless search on personal cellphones is a breach of personal privacy. I realized that there is aconcern about the need for protection of that basic right. I learnedof the clear disagreement between the people, the police and thejudicial system. This helped me to reflect on the fourth amendmentand the views of the author that the law is ancient. What I pick fromthis clash is that the digital era presents a need for the law to beamended to align to the new technologies.

Thearticle influenced my thinking about the boundaries which the lawenforcers have to go to ensure the law is upheld. I now thinkdifferently about the law and the new technologies. While mobile usehas increased improved human life, it can also be a tool for crime.Therefore, I think unwarranted searches are ok if the personal spaceof mobile phones is being used by the suspect to commit and conceal acrime. All in all, I still hold that personal space remains afundamental right that should not be violated without reasonablecause.

Inthe article, Bravin cites a survey conducted by the Pew ResearchCentre. The survey found out that 90% of Americans use cell phoneswith 58% of them actively using smart phones. It also cites astatement given by the law enforcers and the defense lawyers onvalidity of phone searches. Also cited are the American LibraryAssociation and internet archives about statements of court briefs(Bravin, 2014).

WEEK1: SUSTAINABILITY

Issue:China and Safe Investment

Genre:Opinion Column

Source:Wall Street Journal

Giant Hedge Fund Bridgewater Flips View on China: ‘No Safe Placesto Invest’

Author:Rob Copeland

Published:July 22, 2015

URL:http://www.wsj.com/articles/giant-hedge-fund-bridgewater-flips-view-on-China-no-safe-places-to-invest-1437613434

Inthe article, Copeland (2015) explores the perspective of the growthand safety of investing from the views of the world’s largest hedgefund, the Bridgewater Associates LP. The article explores the viewsof Bridgewater Associates LP on the investment environment andunderstands which the safest places to invest are. According toCopeland (2015), the views of the Bridgewater Associates LP aboutChina have changed over time. As per the ideas of the founder of thehedge fund giants, the Bridgewater Associates LP holds that there isno safe place to invest in the world. This view is given in regard toChinese markets and the safety investing decisions.

Afterreading the article, I learned that there is always a big concernabout the safety of investments in every decision made by large scaleinvestors. These investors look at the economy of a country as awhole and the social, economic and political factors that influencethe economy. At the same time, I have learned that it is importantfor large and small investors to explore the investment safety of acountry before investing in the country.

Mythinking about the world of investing has been significantlyinfluenced by the article. This is because the previously, I had notviewed investing in countries with that high level of perspective. Ithought that investors seek countries that are growing andprofitable. However, the article gives a different view thatinvesting in a country requires consideration of the financial statusof the target country.

Thearticle cites data from the Bridgewater Associates LP, a large hedgefund that undertakes research to determine the investment status ofcountries. The author cites the figures of $169 billion of wealthunder the Bridgewater Associates LP and Chinese economic data.

WEEK2: SUSTAINABILITY

Issue:Sustainable Investing

Genre:Opinion Column

Source:Wall Street Journal

Sustainable Investing: A Defense

Author:Alex Davidson

Published:September 8, 2015

URL:http://www.wsj.com/articles/sustainable-investing-a-defense-1441769025

Davidson(2015) examines responsible investing to illustrate that sustainableinvesting is not a defense of investing. In the article, Davidson(2015) quotes the advice of investment experts who recommend the useof responsible investment. Davidson (2015) explains the views thatproper investment can be done by basing them on social andenvironmental thinking. This basis will help a person to invest insustainable ventures. Davidson (2015) cites Aiyer, a managementexpert that good investments lead to good returns, if they are donethough consideration of sustainable investments.

Afterreading the article, I learned that responsibility in investing is amajor factor towards realizing sustainable investing. I learned thatto invest sustainably, an investor should consider social, governanceand most importantly, environmental factors. This is becauseconsiderations of these factors improve the quality of the portfoliothat is invested. This in turn leads to sustainable investments thatlead to god returns.

Thereading of this article influenced my thinking about the concept ofsustainable investing. I thought that investments are either safe,profitable or the opposite. I had not taken a keen look at theimportance of a sustainable investment. Now, I am sure thatinvestments should be sustainable by considering the social,political and environmental factors.

Inthe article, Fattah cites data from the figures of Geeta Aiyer, theBoston Common Asset Management’s president and founder. The authorreports the data from USSIF, an American professional group.According to their survey, USSIF found out that $6.5 trillion isinvested using socially responsible strategies to promotesustainability.

WEEK3: SUSTAINABILITY

Issue:Sustainability and Water

Genre:Opinion Column

Source:Wall Street Journal

Water: The New Screen for Investment Risk

Author:Alex Davidson

Published:September 8, 2015

URL:http://www.wsj.com/articles/water-the-new-screen-for-investment-risk-1441768915

Inthe article, Davidson explores the importance of water as a factor inthe investment decisions made by investors. The article discusseswater as a resource that is considered by investors when makinginvestment decisions in a place. What makes the article interestingis the view of the water factor from the risk perspective and notjust a resource. According to Davidson (2015), water is an importantresource and risk factor because its disruption can negatively affectthe operations of a business. Davidson cites the supply chain as thesignificant example of an operation that is affected by the watershortage.

Fromthe article, I have learned that the establishment of businesses andinvestments takes a lot of considerations. In addition to theconventional factors like capital and profitability, water comes outas a strong factor that requires consideration by investors. I learnthe importance of water as a factor from the examples provided byDavidson on the effect of drought to businesses in countries likeBrazil.

Thearticle has influenced my thinking about the role of water in thesustainability of not only life but businesses. The article haschanged my view of business and investment factors from theconventional ones to the new factors that pose even higher risks tosustainability. I now view water as an important element of businessoperations, and not just a factor for sustainability.

Inthe article, Davidson cites information provided by RobecoSam, amanagement firm that explored water as a risk factor for investment.Davidson fuehrer cites a research by Water Program, non-profitorganization on managers with almost $900 million investments to gettheir perspectives on water as a factor.

WEEK2: INTERNET TECHNOLOGY

Issue:Mobile Device Security

Genre:News Report

Source:Wall Street Journal

Apple Targeted as Malware Infects China Mobile Apps

Author:Josh Chin

Published:September 20, 2015

URL:&lthttp://www.wsj.com/articles/Apple-targeted-as-hackers-infect-popular-chinese-mobile-apps-with-malware-1442750168&gt

Thisarticle explores the security threats to the mobile phones in themodern day use of the applications. The article reports the infectionof Chinese iPhone and iPad applications in the Apple’s app store.According to Chin (2015), the insecure iPhone and iPad apps wereinfiltrated after the developers used unauthorized versions ofApple’s developer tool kits that were compromised. According toChin, the affected apps can capture the passwords of the user’sApple iCloud service, and change some information about the client.There are speculations that the Chinese government was involved inthe plan, but this cannot be substantiated (Chin, 2015). However,Apple stated that it is working on the issue to ensure the safety ofthe iPhone and iPad apps users.

Fromthe article, I learn that mobile security is at a threat to personalprivacy because personal data can be captured using unauthorizedmeans. This shows the extent of security threats. The article pointsout to the concern of how secure are the mobile phone applications inuse today. This is because they may pose threat to safety of personalinformation and even finances.

Thisarticle influences my thinking about cyber security, and who isresponsible for it. I realize that the security of the mobile phoneapplications is no longer a government role, but also my role, toensure that the applications I use are secure. This is because thesituation is a serious security threat since the compromised apps cancapture user’s personal information and transmit it to unauthorizeddestination.

Thearticle cites a report by researchers from the Alibaba Group HoldingLtd. The article further cites a report by the IDC that Appleaccounts for about 15% of the Chinese Smartphone market (Chin, 2015).The data cited gives Chin the basis of the issues he is reportingabout and gives the reader the facts about the seriousness of thesecurity threat to personal privacy.

WEEK3: INTERNET TECHNOLOGY

Issue:Technology Entrepreneurship

Genre:News Article

Source:Wall Street Journal

How China Boosts Its Tech Startups

Author:Li Yuan

Published:September 23, 2015

URL:http://www.wsj.com/articles/how-China-boosts-its-tech-startups-1442443212

Thearticle reports the measures that the Chinese government is taking tosupport the new business startups in the field of technology. Byestablishing 115 high-tech parks, the government seeks to support thetech startups nationally. Other steps include registration ofcompanies, listing of 181 incubators and supporting universitystudents. Mostly, the article explores the steps the government ofChina is taking to boost the internet companies in the countries.According to Yuan (2015), this is a shift from the conventionalgovernment focus which was on infrastructure targeting bigconventional businesses. The article notes the government is keen insupporting over 80,000 technology startups that are employing over1.75 million people in the country (Yuan, 2015).

Fromthe article, I learn that the technology startups are taking asignificant role in the economic status of the modern economy. Forinstance, the tech startup companies are increasing national incomeand increasing national employment. This is the reason why thegovernment of a large economy like China is promoting the growth ofthe technology startup companies.

Thisarticle has significantly influenced my thinking about the importanceof entrepreneurship and technology in a country. I now think thattechnology is an important tool for entrepreneurship, which should beused to grow businesses, especially new companies.

Inthe article, Yuan article cites a report by the central government ofChina, about the establishment of a fund to support the startups. Thearticle further cites a report by a Mckinsey analyst Jonathan Woetzelabout the establishment of incubators to support the technologystartups (Chin, 2015).

WEEK4: INTERNET TECHNOLOGY

Issue:Internet Business Competition

Genre:News Report

Source:Wall Street Journal

Websites Are Wary of Facebook Tracking Software

Author:Reed Albergotti

Published:September 23, 2015

URL:http://www.wsj.com/articles/websites-are-wary-of-Facebook-tracking-software-1411513056

Inthe article, Albergotti explores the competition for online trafficand advertising revenue for the online audience by the websites. Thecompetition is between the online websites and the social mediawebsite, Facebook. According to Albergotti (2015), retailer andpublisher websites are worried that Facebook will have a greateradvantage through its efforts of tracking users online towards thesocial media site. The efforts by Facebook are meant to create avacuum of data with more flowing to its site, rather than flowingfrom the online websites. This is done by Facebook’s activity oftracking the websites its users visit when they are not on Facebook.This browsing history gives Facebook an edge over retailers andpublished in the competition for advertising.

Fromthe article, I have learned that the online markets experience acompetition, just like the one on the conventional markets. At thesame time, the article helped me to affirm the view that the samephenomenon of monopoly also exists in the online markets. Moreover, Ihave learned the power of social media as a section of the onlinemarkets for businesses.

Thearticle has influenced my thinking about the methods that Facebookuses to create dominance and markets. I always thought that Facebookrelies on the social media traffic for its advertising revenue. Now Irealize that Facebook is using innovation to find more revenueoutside the social media audience.

Thearticle cites a number of researches to explore the topic and presentthe information. Albergotti (2015) cites Facebook’s own report thatit has revenue of $12.2 billion in estimates for this year. This isfurther explained by the information drawn from a representative ofFacebook.

WEEK4: SUSTAINABILITY

Issue:Egyptian Economy

Genre:Opinion Column

Source:Wall Street Journal

Re-Engineering Egypt’s Economy

Author:Abdel Fattah

Published:September 27, 2015

URL:http://www.wsj.com/articles/re-engineering-egypts-economy-1443385766

Inthe article, Fattah (2015) examines the steps that the Egyptiangovernment is taking to promote the development of private businessin an effort to spur growth. According to Fattah (2015), the Egyptiangovernment is seeking to spur the growth through theinstitutionalization of reforms that are aimed to create anenvironment for businesses to thrive. The reforms include economicchanges and political reforms such as parliamentary elections. One ofthe main changes is monetary and fiscal policies meant to reduce thefiscal imbalances in the country. According to Fattah (2015), thesesteps will create friendly environment for businesses to grow andchange the economy.

Afterreading the article, I learned a lot of information about the factorsthat impact the growth of a country’s economy. The article openedme to the main institutions that are critical in the development of acountry through policies and initiatives. I learned that governmentpolicies are designed to change the way the country administers thebusiness environment. Therefore, better government policies create afriendly environment for businesses especially private business.

Readingthis article influenced my thinking about the reasons why mostcountries do not do well economically. I have mostly thought thatmost countries do not create sustainable growth because of a lack ofresources and markets for their products. However, after reading thearticle, I realized that poor policies and unfriendly environment arethe main causes of low growth in some countries. The article haschanged the way I view government policy, especially fiscal policies.

Inthe article, Fattah cites data from the government reports andagencies. Written by the president of Arab Republic of Egypt, thearticle takes much data from his access to government information.For instance, Fattah cites the growth rates that Egypt hasexperiences, such as 4.2% in the last fiscal year.

WEEK5: SUSTAINABILITY

Issue:Sustainable Development goals

Genre:Opinion Column

Source:Wall Street Journal

World Leaders Tackle Development Goals

Author:Farnaz Fassihi

Published:September 27, 2015

URL:http://www.wsj.com/articles/world-leaders-tackle-development-goals-1443401753

Inthe article, Fassihi has explored the recently launched UnitedNations’ Sustainable Development goals that are to guide the globaldevelopment. Fassihi (2015) discusses the 17 goals set by the worldleaders in the UN convention in New York in terms of their impact andcost. The goals will cost the world leaders a plan of about $3trillion, but will see the world get over the extreme challenges tohumanity. Top among the sustainability goals is eradication ofpoverty, controlling climate and education. According to Fassihi(2015), the agreement by the world leaders in the recent conventionmarks a significant point in the development of the world.

Fromthe article, I have learned that the developments that occur in theworld originate from the strategic plans set up by global leaders. Ilearned that the achievements in the world require sacrifice on aglobal stage, and not just on the commitments by different countries.At the same time, I realized that business organizations are affectedby the developments that occur in the world through globaldevelopment goals.

Thearticle has influenced my thinking about global goals for sustainabledevelopment. I changed my view of the role of the world leadersthrough the United Nations conventions. I thought that theseconventions are more political than economic, but the article hashelped me change the understanding of the role of the global body.More importantly, I have understood the power of sustainabilitygoals.

Fassihicites the United Nations estimations that the world will spend over$3 trillion between now and 2030 to achieve the sustainabledevelopment goals. Fassihi further cites the estimates by thedifferent countries such as Chinese commitment of $2billion indeveloping countries and $12 billion in African economies.

WEEK5: INTERNET TECHNOLOGY

Issue:Technology and Antitrust Laws

Genre:News Article

Source:Wall Street Journal

Russia Gives Google a Month toRectify Antitrust Breaches

Author:Olga Razumovskaya

Published:October 6, 2015

URL:http://www.wsj.com/articles/russia-gives-google-a-month-to-rectify-antitrust-breaches-1444130172

Inthe article, Razumovskaya reports about the legal relationshipbetween the technology giant company, Google Inc, and the Russiangovernment. The article reports that Russia has warned Google torectify the breach of antitrust laws through its product of theAndroid devices (Razumovskaya, 2015). Razumovskaya explains that thesource of the problem is the anticompetitive clauses included inGoogle’s contracts with mobile-device producers. The allegedantitrust breaches may lead to the imposition of a heavy fine toGoogle by the Russian government. The fine may be up to 15% of thefirm’s 2014 revenue (Razumovskaya, 2015). The Russian governmenthas therefore given Google one month to rectify the alleged antitrustbreaches to avoid further actions.

Thisarticle has helped me learn that the technology companies are alsosubject to the law, not only in the countries of their origin but inall countries. Despite Google is an Internet and Software Company,the firm is subject to laws in Russia. This makes legal frameworks aconsideration when starting a technology company, just like any otherbusiness.

Thisarticle influenced my thinking about the relationship betweeninternet and technology companies with the governments. I now thinkinternet companies as businesses that comply with the law of allcountries they operate in, just like the conventional companies.

Inpresenting the news report, Razumovskaya cites the communication bythe Russian Antimonopoly watchdog (Chin, 2015). This is the agencythat controls the corporate practices to ensure no company setsunfair standards to avoid normal competition.

References

InternetTechnology

Albergotti,R. (2015). Websites Are Wary ofFacebook Tracking Software.Retrieved from, September 23, 2015,&lthttp://www.wsj.com/articles/websites-are-wary-of-Facebook-tracking-software-1411513056

Bravin,J. (2015). Smartphones targeted to provide information and evidence during arrests.Retrieved, September 8, 2015, From, &lthttp://www.wsj.com/articles/SB10001424052702303939404579530062051732026&gtDavidson&gt

JoshChin, J. (2015). Apple Targeted asMalware Infects China Mobile Apps.September 20, 2015,&lthttp://www.wsj.com/articles/Apple-targeted-as-hackers-infect-popular-chinese-mobile-apps-with-malware-1442750168&gt

Razumovskaya,O. (2015). Russia Gives Google aMonth to Rectify Antitrust Breaches.Retrieved from,&lthttp://www.wsj.com/articles/russia-gives-google-a-month-to-rectify-antitrust-breaches-1444130172&gtOctober 6, 2015

Yuan,L. (2015). How China Boosts Its TechStartups. September 20, 2015,&lthttp://www.wsj.com/articles/Apple-targeted-as-hackers-infect-popular-chinese-mobile-apps-with-malware-1442750168&gt

Sustainability

Copeland,R. (2015). GiantHedge Fund Bridgewater Flips View onChina: ‘No Safe Places to Invest.’Retrieved on, July 22, 2015, From,&lthttp://www.wsj.com/articles/giant-hedge-fund-bridgewater-flips-view-on-China-no-safe-places-to-invest-1437613434

Davidson,A. (2015). Sustainable Investing: ADefense. Retrieved, September 8,2015, From,http://www.wsj.com/articles/sustainable-investing-a-defense-1441769025

Davidson,A. (2015). Water: The New Screen forInvestment Risk, September 8, 2015,Retrieved From,&lthttp://www.wsj.com/articles/water-the-new-screen-for-investment-risk-1441768915&gt

Fassihi,F. (2015). World Leaders TackleDevelopment Goals. September 27,2015, Retrieved from,&lthttp://www.wsj.com/articles/world-leaders-tackle-development-goals-1443401753&gt

Fattah,A. (2015). Re-Engineering Egypt’sEconomy, Retrieved, September 27,2015, From,http://www.wsj.com/articles/re-engineering-egypts-economy-1443385766

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