vanity fair

‘Vanity Fair’ Is Latest to Roll Out Native Advertising

A classic race car, Vanity Fair and Hennessy Cognac. None of those three things seem out of place with each other, and that’s the point of the native ads that the classic magazine has rolled out on its website.
Vanity Fair has joined the ranks of sit…

Condé Nast-Amazon deal makes magazine subscriptions quicker, but watch the fine print

Condé Nast and Amazon have a new partnership that lets readers subscribe to magazines through Amazon and activate digital access at the same time. It’s easy to use, but you need to watch the pricing fine print. Here’s our guide to the subscription process.

Conde Nast Begins Outsourcing Subscriptions to Amazon

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Conde Nast, which has long sold magazine subscriptions on its website, is starting to outsource subscription fulfillment to Amazon.

On Tuesday, the publisher announced that Amazon will now handle sales of print and digital subscriptions — both first-time subscriptions and renewals — for seven of its magazines. When customers click to purchase a subscription to Vanity Fair, Vogue, Wired, Lucky, Glamour, Golf Digest or Bon Appetit, they will be directed to Amazon.com — not a form on Conde Nast’s website. Should the pilot round go well, Conde Nast is planning to transfer sales of its other titles from its website to Amazon as well, a Conde Nast spokesperson said in a phone interview with Mashable Tuesday. Read more…

More about Amazon, Magazines, Conde Nast, Vogue, and Vanity Fair

Open Source Code At Heart of Wall Street Programmer’s Bust

Programmers and Wall Street haters alike may join together to support a convicted computer programmer from Goldman Sachs after reading the full-throated defense he receives at Vanity Fair by noted financial journalist Michael Lewis.

Lewis, the former Salomon Brothers banker known for breaking down the most complex ideas into lay terms, sinks his teeth into the case of Goldman Sachs programmer Sergey Aleynikov while simultaneously tearing down the jury, the Wall Street firm, the judge and the government for their lack of understanding behind the technology involved in high-frequency trades.

Here’s a recap of Serge’s story:

Aleynikov was arrested one month after leaving Goldman Sachs to create a new trading platform for a hedge fund run by another Russian named Misha Malyshev.

During the last six weeks of his employment, Aleynikov emailed himself four times the source code he was working with. The files contained open source code, code that the programmer had tweaked and Goldman Sachs proprietary coding. The government claims the programmer sent himself 32 megabytes of code, but it was essentially the same 8 megabytes of code sent four times over. Goldman Sachs’ entire system contains more than one gigabyte of code—so what the Russian took was minuscule in comparison to the whole.

His aim was to try and disentangle the two forms of code so he could understand what he did in case he had to replicate it later.

He sent the files the same way he had done since he first started working on Wall Street, through a “subversion repository,” a free place where he could store the code he was working on. Those servers were based in Germany.

He also deleted his bash history, which the programmer claims “wasn’t an entirely innocent act,” but something he had done since he first started programming computers. If he didn’t, his password would be exposed to anyone with access to the system.

Lewis makes clear that the FBI assigned to the investigation and even Goldman Sachs knew little about computer programming and even less about the complex world of high-frequency trading.

In the month following Aleynikov’s departure from Goldman Sachs, Lewis notes he hadn’t touched the flash drive that contained some of the code he had taken which makes the journalist question whether any of this material was even important to either the programmer or the bank. Goldman’s code was considered “clunky,” so why would he use that code if he was hired to launch a new system?

In one of the most disheartening statements from the article, Serge describes the FBI agent in charge:

“I thought it was like, crazy, really,” he says. “He was stringing these computer terms together in ways that made no sense. He didn’t seem to know anything about high-frequency trading or source code.”

It’s a lesson that repeats those of the financial crisis that Lewis also covered: The agencies and people in charge of monitoring corruption don’t understand the technology or the principles they are hired to protect.

Lewis covered subprime lending and the 2008 economic meltdown in The Big Short; Silicon Valley in The New New Thing, and he even reviewed Facebook COO Sheryl Sandberg’s Lean In for Vanity Fair.

Image by Itay.G via Shutterstock.

New Career Opportunities Daily: The best jobs in media.

Sean Parker’s Not-So-Sacred Vanity Affair

This was supposed to be the most intimate, sacred, precious and romantic event of our lives: our wedding day. - Sean Parker

Sean Parker is trolling the internet and he’s doing a very good job. Just when the waves of criticism from his behemoth essay have died down, we get a slideshow of wedding photos complete with bunnies and fur covered beds. It’s the worst kind of visual agony: cute animals and their lifeless fur. I’m not going to get all PETA on you – I’m just pointing out an obvious theme for the sick kind of irony Sean Parker likes to dish out. After watching Sean unite with his love in an “enchanted forest” wedding, guests watched the Red Wedding on an inflatable screen the evening after the wedding. Charming.

Weddings Used to be Sacred and Other Lessons About Internet Journalism - Sean Parker

If there is one thing that is considered sacred on the internet, it’s free speech and not some billionaire’s wedding. Free speech is Constitutionally protected, weddings and marriages are not. In fact, it’s rather graceless to boast about your inalienable rights to have a private celebration of love when others cannot. Further, there are people on Twitter getting rape threats. I think Sean Parker’s wedding can survive the criticism.

We didn’t court attention — quite the opposite, we asked guests to check their cell phones and cameras at the door and we didn’t sell our photos to tabloids. - Sean Parker

Technically, Sean Parker didn’t sell his photos to Vanity Fair so that millions of people can consume them for the sake of sacred. He just invited Vanity Fair photographers to his wedding who then documented it and shared it on the internet.  Weddings are intimate. That’s why people invite friends and family – not celebrities, bunnies, and Vanity Fair photographers, celebrities, and bunnies.

I believe in everything; nothing is sacred. I believe in nothing; everything is sacred. - Tom Robbins

Just to demonstrate the sacred print media that Sean Parker ostensibly believes in, I’ve pulled a selection of not so sacred covers from Vanity Fair – the same magazine that Sean Parker chose to share his private wedding event.

Princess Diana’s private love story was sacred. Ironically, she died in a car crash caused by the media frenzy that made her life devoid of privacy.

Marilyn also suffered from the media hysteria. Now that she is dead, the media will drag out her sacred, private diaries.

Jackie’s cover story was about her sacred, private loneliness, despite having the media constantly watching her every move.

Sean Parker and Paris Hilton got famous thanks to the sacred internet.

Tiger Woods demonstrating marital sacredness.

If I surround my self with positive things
I’ll gain prosperity – Destiny’s Child

Now that I’m done with tabloid demonstrations, I would like to dedicate this Destiny’s Child song to Sean Parker, who will no doubt overcome all of the media bullies that have made his post-nuptial nights a complete mess. Unlike Sean Parker, Destiny’s Child made an awesome song about negative gossip from radio commentaries. Maybe if Sean Parker made a great R&B album or a new web/media app that can help internet journalists be less hateful, we would be applauding and/or dancing.

New Career Opportunities Daily: The best jobs in media.

Six Links Worthy Of Your Attention #151

Is there one link, story, picture or thought that you saw online this week that you think somebody you know must see?

My friends: Alistair Croll (BitCurrent, Year One Labs, GigaOM, Human 2.0, Solve For Interesting, the author of Complete Web Monitori…

Silicon Valley Ridicule Tumblr Takes Off

If public ridicule memes suggest that the sun may soon set on a tech boom, it may be time to sell your stocks.
A Tumblr called Jesus Christ, Silicon Valley, is gaining attention after appearing in late March to offer a scathing critique of the oft-atta…

Pretty enough for TV? Conde Nast and Wall Street Journal strut for online video dollars

Traditional media brands are cranking out video content in the hopes of persuading brands to shift advertisers from TV to online offerings. But can brands like Conde Nast and the Wall Street journal deliver the necessary quality and audience size?

    

SxSW Has ‘Gone Hollywood,’ Gossip Press and All

With the absence of breakout startups emerging from South by Southwest since Foursquare in 2009, many are wondering whether SxSW has become simply a spring break for the tech set.
For instance, SocialTimes received this pitch:
“Is South by Southw…

Digital magazine sales still tiny overall, but titles like Reader’s Digest see huge growth

Nearly 65 percent of U.S. magazines now have a digital replica edition, but those editions make up just under three percent of overall circulation. For some individual titles, though, digital growth was a lot more impressive.

Microsoft in the dock over French tax fraud claims

French media is reporting that Microsoft’s Paris-based subsidiary is being investigated by the country’s tax authorities over its system for avoiding corporate taxes. It marks the latest low point for the business, which wrote down its $6.2bn purchase of aQuantive earlier this week.

Six Links Worthy Of Your Attention #96

Is there one link, story, picture or thought that you saw online this week that you think somebody you know must see?

My friends: Alistair Croll (BitCurrent, Year One Labs, GigaOM, Human 2.0, the author of Complete Web Monitoring and Managing Bandwid…

Six Links Worthy Of Your Attention #79

Is there one link, story, picture or thought that you saw online this week that you think somebody you know must see?

My friends: Alistair Croll (BitCurrent, Year One Labs, GigaOM, Human 2.0, the author of Complete Web Monitoring and Managing Bandwid…

Six Links Worthy Of Your Attention #67

Is there one link, story, picture or thought that you saw online this week that you think somebody you know must see?

My friends: Alistair Croll (BitCurrent, Year One Labs, GigaOM, Human 2.0, the author of Complete Web Monitoring and Managing Bandwid…