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PLUS: This Tesla competitor eyes a $50B IPO. Brought to you by The Hustle together with Cytonics.
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February 11, 2021
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TOGETHER WITH
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“What if Facebook copies us?” has struck again. This time, Zucky McCopyCat is cloning the scorching-hot social audio app Clubhouse.
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In related news, we’re tempted to roll out a competing product called HustleHouse that’s just our founder, Sam, talking to himself about the ROI on hot dog stands.
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The Big Idea
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<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 3px 0px;">
Facial recognition has come a long way. Its problems have a long way to go.
</h2>
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<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Is the search-by-face function on photo apps the most useful tool of the last 1k years?
<em>
Probably not
</em>
. If anything, it shows us that computers are great at doing some things we aren’t.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Like identifying individual faces among many, which 80 years of technological developments have made relatively easy.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
But a new
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
study
</a>
from Mozilla fellow Deborah Raji and Genevieve Fried -- a congressional advisor on algorithmic accountability -- shows these developments have come at a cost:
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Researchers have ‘gradually abandoned asking for people’s consent’
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Raji and Fried
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
examined
</a>
130 facial recognition datasets across 4 eras and found that consent has been gradually pushed out the window:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
1960s-1990s:
</strong>
Manual data gathering involved measuring distances between facial features in consented photographs.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
1990s-2007:
</strong>
The DOD spent $6.5m building the first large face dataset, capturing 14k consented images and sparking academic and commercial interest.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
2007-2014:
</strong>
Researchers began scraping images from the web without consent.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
2014-present:
</strong>
In 2014, Facebook used 4m images from 4k profiles to train its DeepFace model, making web-based deep learning the industry standard.
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In the first era, consented photo shoots made up 100% of facial recognition data sources. Today, they make up just 8.7%, with web search comprising the rest.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Which is great for the technology, but bad for consent
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Training models on millions of images improves the tech through scale, but it also raises serious concerns regarding wide-scale bias and privacy issues.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Studies have
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
shown
</a>
that white males are falsely matched with mug shots less often than other groups, and a test of Amazon’s Rekognition software showed it misidentified 28 NFL players as criminals.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
Microsoft and Stanford released facial datasets without consent…
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
... that startups and a Chinese military academy obtained before they were removed.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Facial recognition is moving a bit too fast for some: Boston, San Francisco, Oakland, and Portland have outlawed “city use of the surveillance technology,” per
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
CNN
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
This seems to be a reasonable measure; at a minimum, it’ll give people less of a reason to put on (and this is actually a thing) anti-facial-recognition
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
makeup
</a>
:
</p>
</td>
</tr>
<tr>
<td align="center" style="padding: 5px 0px 6px; text-align: center;">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fmakeup_1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lAB9I:5T86ca_k27wH_2bxjGQ3OpAPAsUt1RgUAUD4SyzT8Ig" style="height: auto; max-width: 600px; width: 100%;" width="600"/>
</td>
</tr>
<tr>
<td>
<p style="color: #5f696c; font-family: Helvetica, sans-serif; font-size: 12px; font-style: italic; line-height: 20px; margin: 0px; padding: 8px 5px 10px;">
New year, new look (Source: SCMP)
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="padding: 10px 10px 0px; width: 100%;">
<tbody style="text-align: right;">
<tr>
<td align="right" style="display: inline-block; padding: 0px 0px 2px; text-align: right;">
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</tr>
</tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr>
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 10px 3px 12px; text-transform: uppercase;">
Snippets
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 0px 3px;">
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
AT&T feels the heat...
</strong>
from a 90-year-old California man who launched a $10k
<em>
WSJ
</em>
ad
<a style="color: #d62829; text-decoration: none;">
campaign
</a>
explaining that using AT&T’s internet service to watch TV was like watching “slideshows.”
<br/>
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Biden pressed pause
</strong>
on
<del>
Cardi B’s WAP
</del>
Oracle and Walmart’s plan to buy TikTok’s US operations while his administration
<a style="color: #d62829; text-decoration: none;">
reviews
</a>
former president Donald Trump’s efforts to deal with security risks from Chinese companies.
<br/>
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Ant can't wait:
</strong>
Investors were on track to make billions before Ant’s halted IPO. Now they have to
<a style="color: #d62829; text-decoration: none;">
wait
</a>
until Ant abides by new regulations and IPOs again to sell off shares.
<br/>
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Looking forwARd:
</strong>
Apple supplier TSMC is
<a style="color: #d62829; text-decoration: none;">
reportedly
</a>
putting together some sweet AR hardware for Apple’s rumored “Apple Glass” headset.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Archer hits the bullseye:
</strong>
The electric aircraft startup is going
<a style="color: #d62829; text-decoration: none;">
public
</a>
via a SPAC deal. Archer will have United Airlines as an investor
<em>
and
</em>
customer, as the airline has placed a $1B order for Archer aircraft.
</li>
</ul>
<div style="display: none;">
</div>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 5px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="padding: 0 0 6px;">
<img alt="The Fascination" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FThe_Fascination_Landing_Page.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lAB9I:5T86ca_k27wH_2bxjGQ3OpAPAsUt1RgUAUD4SyzT8Ig" style="height: auto; max-width: 600px; width: 100%;" width="600"/>
</td>
</tr>
<tr>
<td>
<p style="color: #5f696c; font-family: Helvetica, sans-serif; font-size: 12px; font-style: italic; line-height: 20px; margin: 0px; padding: 8px 5px 10px;">
A sampling of The Fascination’s product coverage
</p>
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 10px 0px 5px;">
The Fascination helps consumers and brands make sense of the crowded DTC world
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In a world of seemingly infinite options, tech analyst Ben Thomspon says that value
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
accrues
</a>
to those who provide discovery and curation.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
For those looking for curation of direct-to-consumer (DTC) brands, a new venture is just for you:
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
The Fascination
</a>
, which marries curation (à la Wirecutter) along with a soon-to-come marketplace (à la Amazon).
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
The Fascination was officially launched in December 2020
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It was co-founded by David Wolfe and Matt Hayes, 2 founding members of DTC mattress brand Leesa Sleep (which reached $120m+ in annual sales).
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
As veterans of the industry, the pair launched The Fascination to address key issues faced by:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Customers:
</strong>
Way too much choice.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Brands:
</strong>
Standing out in the crowded market is too pricey (ads on Facebook, Google Ads) or difficult to do (commoditized on Amazon).
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
How The Fascination works
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The Fascination has partnered with 100+ purpose-driven DTC brands (e.g, Allbirds, Haus) across a number of categories including fashion, home, health, beauty, and accessories.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
For each brand, The Fascination provides:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Badges:
</strong>
Which designate what values the brands stand for (e.g., “organic”, “ethically sourced”)
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Brand alerts:
</strong>
Customers can subscribe to brands to receive the latest product updates and news
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Editorial:
</strong>
The Fascination digs into the science (e.g., how a fabric is made) and soul (e.g., the brand’s story) of each brand
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
The Fascination currently monetizes via affiliate ads
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Moving forward, The Fascination is building a robust ecommerce bank-end where you can shop all products in one place (with one simplified checkout cart) while brands get access to the audience (and potential for cross-sells).
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In exchange for all this curation, The Fascination gets to own the customer data and relationship.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It’s not the first review site of its kind, but The Fascination’s vision has something everyone can like.
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="padding: 10px 10px 0px; width: 100%;">
<tbody style="text-align: right;">
<tr>
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</tbody>
</table>
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</table>
</td>
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<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
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<tr>
<td style="padding-bottom: 5px;">
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<table style="width: 100%;">
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SPONSORED
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<img src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fcytonics_native.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lAB9I:5T86ca_k27wH_2bxjGQ3OpAPAsUt1RgUAUD4SyzT8Ig" style="height: auto; max-width: 600px; padding: 15px 0 0; width: 100%;" width="600"/>
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<h2 style="font-size: 20px; font-weight: 800; letter-spacing: 0px; line-height: 24px; margin: 20px 0 0px;">
<strong>
How Cytonics is disrupting the $180B market for osteoarthritis treatment
</strong>
</h2>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
Invest in Cytonics here
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Just how big of a pain is osteoarthritis?
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<em>
(Statistically speaking, not “how bad my fingers feel after a full day of typing” speaking.)
</em>
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Over 27M
</strong>
are treated for arthritis-related pain in the US alone
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
By 2030,
<strong>
25% of the adult population
</strong>
is expected to be impacted
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Until now, treatments have only focused on easing symptoms. That's where Cytonics comes in with its revolutionary first-in-class treatment that successfully addresses the root cause of osteoarthritis:
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Alpha-2-Macroglobulin protein injections.
</strong>
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
This cutting-edge approach attacks osteoarthritis at the molecular level and has the potential to change lives and impact a massive industry, making Cytonics what some copywriters might call “a
<em>
veeeeery
</em>
interesting investment opportunity.”
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Interested in learning more and investing in Cytonics? Check out
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
their invest page here
</a>
for the full details:
</p>
</td>
</tr>
<tr>
<td align="center" style="padding: 10px 0px 15px; text-align: center;">
<a style="-webkit-text-fill-color: #ffffff; background: #D62829; border-radius: 15px; color: #ffffff; font-size: 16px; font-weight: bold; padding: 6px 20px; text-decoration: none;" target="_blank">
More on Cytonics →
</a>
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</td>
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<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 0px 0px 10px; text-transform: uppercase;">
China Tech
</td>
</tr>
<tr>
<td style="padding: 0 0 6px;">
<img alt="RED app" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FRED.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lAB9I:5T86ca_k27wH_2bxjGQ3OpAPAsUt1RgUAUD4SyzT8Ig" style="height: auto; max-width: 600px; width: 100%;" width="600"/>
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 10px 0px 5px;">
A hot Chinese social app is a new entry point for foreign brands
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
If you’ve ever thought to yourself, “Wow, I’d love an app that combines YouTube, Pinterest, Wirecutter, TripAdvisor, and influencers telling me what to buy,” a Chinese app called RED has you covered.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Propelled by
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
300m+
</a>
users, RED is valued at $5B and has become an option for foreign brands trying to enter China, per
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
<em>
Protocol
</em>
</a>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
RED has become China’s go-to place…
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
... for trusted product information and reviews.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Here are some stats:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
User ‘stickiness’:
</strong>
The platform has 8B views daily. The average user opens the app 4x/day and spends 40m a day on it. (That’s 3x longer than Pinterest users spend there.)
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Coveted users
</strong>
:
<a style="color: #d62829; text-decoration: none;">
90%
</a>
are affluent, urban women.
<a style="color: #d62829; text-decoration: none;">
Most
</a>
are between 18 and 35.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
High conversion rates:
</strong>
The app sees conversion rates up to
<a style="color: #d62829; text-decoration: none;">
20%
</a>
, which is 10x traditional ecommerce rates of ~
<a style="color: #d62829; text-decoration: none;">
2%
</a>
.
</li>
</ul>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; margin: 0px; padding-top: 8px;">
<strong>
A beacon for international brands
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
China is the
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
most
</a>
lucrative place for foreign brands -- there’s a growing middle class, rising disposable income, and penchant for luxury.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Instead of launching physical stores or their own online store, foreign brands often partner with existing 3rd-party ecommerce platforms.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
RED is currently China’s 3rd-largest ecommerce platform, and foreign brands are flocking to it to expedite their expansion into China.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
With luxury sales projected to fall by
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
23%
</a>
(to $258B) in 2020, RED is one way to help brands get back in the black.
</p>
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EV Wars
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<a style="color: #d62829; text-decoration: none;">
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<p style="color: #5f696c; font-family: Helvetica, sans-serif; font-size: 12px; font-style: italic; line-height: 20px; margin: 0px; padding: 4px 5px 10px;">
Rivian says it makes “electric adventure vehicles”... story checks out. (Source: Rivian)
</p>
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; font-weight: bold; line-height: 26px; margin: 3px 0px;">
Amazon-backed Rivian is looking at a $50B IPO
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 3px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The “whatever you can do, I can do better” battle between Elon Musk and Jeff Bezos is getting absurd:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Forbes list
</strong>
: Musk and Bezos have been swapping the “richest person in the world” title over the past few months.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Space:
</strong>
Blue Origin (Bezos) vs. SpaceX (Musk) is the new age space race.
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Now, Rivian -- a maker of EV pickups and SUVs -- is planning for a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
$50B
</a>
IPO by the fall. Backed by Amazon and Ford, the firm was valued at $27.6B in a January funding round.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The car maker expects to have 10k trucks on the road by the end of 2022. For his part, Bezos is really trying to tip the scale here: Amazon has ordered 100k EV delivery vans by 2030.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Prep the 🍿.
</p>
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<strong>
Why you should switch to cloud communications in 2021
</strong>
</h2>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
You’ve heard it before…
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<em>
“Cloud is the future.”
</em>
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
But if moving your company’s comms to a
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
whole new system
</a>
has you worried, we don’t blame you (after all, that’s a bigger commitment than eating Keto for a year).
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
This webinar
</a>
from RingCentral will help ease your concerns.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
You’ll hear from experts on how cloud communications lets your biz:
</p>
<ul style="font-size: 16px; line-height: 20px; margin: 0; padding-bottom: 10px; padding-left: 12px;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Unite your global workforce and simplify administration
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Roll out a unified messaging, video, and phone solution company-wide
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
Achieve cost savings, security, and scalability
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Register here to save your spot:
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Reserve your spot →
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<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; padding: 0px 0px 10px; text-transform: uppercase;">
Software of the day
</td>
</tr>
<tr>
<td align="center" style="padding: 0 0 6px; text-align: center;">
<img alt="Queen Elizabeth II" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fqueen.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lAB9I:5T86ca_k27wH_2bxjGQ3OpAPAsUt1RgUAUD4SyzT8Ig" style="height: auto; max-width: 600px; width: 100%;" width="600"/>
</td>
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<tr>
<td>
<p style="color: #5f696c; font-family: Helvetica, sans-serif; font-size: 12px; font-style: italic; line-height: 20px; margin: 0px; padding: 8px 5px 10px;">
To facial recognition AI, only the image on the left is Queen Elizabeth II. Who’s smart now?
</p>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Fawkes is a privacy tool for PCs and Macs.
</strong>
The software makes very subtle changes to any face photos in an effort to trick facial recognition systems.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Named after the Guy Fawkes mask from the movie
<em>
V for Vendetta
</em>
, Fawkes was created by researchers at the University of Chicago, per
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
<em>
The Verge
</em>
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The tech is a bit complicated but essentially makes AI tools think you’re a different person through slight image alterations.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
To really make a difference, Fawkes’ team says platforms like Facebook would have to adopt the tech to thwart 3rd-party facial recognition scrapers like Clearview AI (which the good ol’ Canadians have completely
<a style="-webkit-text-fill-color: #d62829; color: #d62829; text-decoration: none;">
outlawed
</a>
in the Frozen Tundra).
</p>
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@TrungTPhan
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,
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and
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Shelley Tang
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.
<br/>
Editing by: Brad “I can see you” Wolverton, Staff Author (Four-Door Dostoevski).
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