A little more than a month after longtime Interview editor-in-chief Ingrid Sischy left the magazine, parent company Brant Publications has named former V magazine and V Man editor Christopher Bollen as her replacement. Bollen will report to co-editorial directors Fabien Baron and Glenn O’Brien, who were appointed shortly after Sischy’s departure.Brant also announced Alan Katz as group publisher. Most recently, Katz served as president of sales and marketing of MyTime.com, a start-up company formed with tech private equity group Shelter Capital Partners. Previously, he served as a president and publisher at Condé Nast, and spent 14 years at New York magazine where he served as publisher.Also as part of the announcement, senior editor Stephen Mooallem was promoted to executive editor. Sischy, who served as Interview editor-in-chief since 1990, left the magazine in late January after former Brant Publications co-owner Sandra Brant decided to sell her stake in the company.
Facebook is walloped with $5 billion fine (The Daily… Now playing: Watch this: Smart displays let Amazon, Facebook, Google show you answers to your questions Share your voice It’s a big thumbs-up for Facebook when it comes to attracting and keeping users. James Martin/CNET Facebook said Wednesday that the Federal Trade Commission opened an antitrust investigation into the company, but the heightened regulatory scrutiny doesn’t appear to have slowed down the social network’s growth.The new investigation came on the same day that the Federal Trade Commission announced that it was hitting Facebook with a record $5 billion fine for its earlier privacy mishaps. It also comes a day after the US Department of Justice said it was looking into anti-competition concerns surrounding “market-leading online platforms,” such as social media firms, suggesting that the review would impact Facebook. Still, Facebook showed that users continue to log into the site in massive numbers. The world’s largest social network said that 2.41 billion people now log into Facebook every month, an 8% increase compared to the same period last year. Facebook reported $16.9 billion in revenue in the second quarter, which ran from April to June. That’s above the $16.5 billion that analysts surveyed by Thomson Reuters expected on average.The social network made $2.6 billion in the second quarter. It earned 91 cents per share, falling short of expectations of $1.85. It said that the earnings included several expenses such as the legal costs of the FTC settlement. Facebook FTC Tags Comments Originally published July 24, 1:15 p.m. PTUpdate, 1:21 p.m. PT: Adds background about FTC antitrust investigation and statement from Zuckerberg.Update, 3:36 p.m. PT: Adds comments from earnings call and remarks from analyst. 7:37 5 Facebook revealed little about the new FTC investigation, which it was notified of in June. The FTC didn’t immediately respond to a request for comment. Facebook CEO and co-founder Mark Zuckerberg didn’t address the antitrust concerns in a call with analysts, but vowed to protect user privacy and monitor developers who access data through Facebook’s platform.”This is a major shift for us,” he said. “We’ve built services that billions of people trust every day to communicate with the people they care about. Privacy has always been important to the services we provide and now it’s even more central to our future vision for social networking.”Facebook is expecting people to share more in the social network’s private spaces such as messaging, groups and Stories, a feature that lets you post photos and videos that vanish in 24 hours. At the same time, the company has been expanding into payments, virtual reality, e-commerce, cryptocurrency and other areas. Earlier in the day, Facebook agreed to form a new board committee to help protect user privacy as part of a separate settlement with the FTC. The fine is the largest ever against a company for mishandling of consumer privacy, the FTC said. Lawmakers and advocacy groups argue that the deal didn’t address the core problem: Facebook’s ad business relies on collecting user data.The FTC has been investigating the company since revelations last year that UK political consultant firm Cambridge Analytica harvested the data of up to 87 million users without their consent. The firm, which worked on President Donald Trump’s 2016 campaign, got the data through the owner of a quiz app that scraped information from Facebook users and their friends. The deal isn’t the end of the scrutiny that Facebook is facing from regulators in the US and abroad. The social network is also planning to launch a new cryptocurrency called Libra in 2020, a move that sparked a backlash from lawmakers and nonprofits that think the company should temporarily halt these efforts. Zuckerberg said that the company will work with regulators before launching the cryptocurrency.”We get that these are really important sensitive spaces so our approach has been to try to have a very open dialogue about it,” he said. “Facebook from a few years ago would have probably just showed up and released a product on our own.”Facebook’s stock jumped more than 1% but then dipped after the company’s CFO Dave Wehner said that the company expected revenue growth to slow in the fourth quarter and in 2020 because of a European data protection law, changes to operating systems and product changes that “put privacy more front and center.” The company’s stock is still up less than 1% in after-hours trading to $206.10 per share.Debra Aho Williamson, an analyst with eMarketer, said in a statement that advertisers are still on Facebook because of its massive audience and ad targeting. Still, they’re also paying more attention to the social network’s problems. “Today’s FTC settlement doesn’t appear to have direct impact on Facebook’s business, but there is no reason to think that other regulatory or governmental investigations won’t have an impact in the future,” she said. Mobile Tech Industry 14 Photos
Taliban insurgents have stormed security posts in west Afghanistan, killing 21 police and pro-government militia members, officials said on Monday, the latest in a surge of attacks that has cast doubt on tentative steps toward talks.The Taliban attacked the checkpoints in two different parts of Badghis province, which is on the border with Turkmenistan, late on Sunday, provincial officials said.Abdul Aziz Bek, head of the Badghis provincial council, said 14 policemen and seven members of pro-government militias were killed, while nine were injured.A second government official, Jamshid Shahabi, a spokesman for the Badghis provincial governor, said more than 15 Taliban militants were killed and 10 wounded in the clashes.The Taliban claimed responsibility for the attacks, among the most deadly in the province in many months.Qari Yousuf Ahmadi, a Taliban spokesman, said in statement they killed 34 members of the security forces and pro-government militias and seized many weapons and ammunition.Leaders of the hardline Islamist group and the U.S. officials are scheduled to meet this month to discuss the withdrawal of foreign forces and a possible ceasefire.Officials from the warring sides have met at least three times in recent months to try to agree on a way to end the 17-year war. But in the meantime, both sides are keeping up their attacks.The Taliban say they are fighting to topple the Western-backed government and restore strict Islamic law after their ouster in 2001.The United States and its allies say they want to stop Afghanistan from becoming a haven for international Islamist militants plotting attacks in the West.In a separate incident on Monday, at least five civilians were killed and eight wounded in a bomb blast in the eastern province of Paktika.The Taliban left the bomb in a village square, said provincial official Mohammad Rasoul Adel. A Taliban spokesman was not immediately available for comment.
Practising Yoga during pregnancy gives the ability to stay calm and eases most physical problems, said Maneka Sanjay Gandhi, Minister for Women and Child Development, who attended a yoga session with pregnant women in National Institute of Public Cooperation and Child Development(NIPCCD), New Delhi.The Ministry of Women and Child Development celebrated 4th International Day of Yoga through various activities. During the session, Gandhi interacted with the expecting mothers who shared their experiences of practising prenatal yoga. Also Read – Add new books to your shelfThe Minister performed asanas along with the pregnant women under the guidance of yoga trainer so as to encourage the practice of prenatal yoga. She emphasised the importance of yoga for pregnant women. However, the prenatal yoga must be practised only under qualified instructors, the Minister stressed.She further added that making Yoga an integral part of life has holistic benefits and it can help especially pregnant mothers by giving the ability to stay calm and eases most physical problems during the nine months. Also Read – Over 2 hours screen time daily will make your kids impulsiveAfter participating in the prenatal yoga session, the Minister also said that regularly practising prenatal yoga can help in preparing the women’s body for normal delivery. She shared her own daily yoga routine and urged people to perform yoga for staying healthy and happy adding how Pranayama has been found to have exceptional benefits during pregnancyBesides Gandhi, other officials of the Ministry, led by Secretary Rakesh Srivastava also enthusiastically participated in the yoga session.