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Here’s what you need to know
US Democrats intensify calls for Donald Trump’s removal. House lawmakers plan a vote today to urge vice president Mike Pence to invoke the 25th amendment to oust the president. If he doesn’t, Democrats will move to impeach the president.
Tech giants removed Parler. Amazon, following similar moves by Google and Apple, booted the social media app after last week’s mob attack on the US Capitol, citing violent content that violates its terms of service. Stripe, a payment processor, is no longer handling transactions for the Trump campaign website.
It’s been one year since the first Covid-19 death. Since China announced the first fatality from an unknown virus, over 1.9 million more have died from the coronavirus. Now, a new race has begun against the B-117 variant.
Mass vaccination centers open in England. Thousands more people are expected to receive the Covid-19 vaccine this week, as hundreds more clinics and hospitals offer the jabs in coming days. Many political leaders, from Britain to the US, are facing criticisms for the sluggish pace of vaccine rollouts.
Wall Street banks are delisting hundreds of Hong Kong-listed products. The financial firms are seeking to comply with a ban on companies the US says are linked to China’s military. Index providers and the New York Stock Exchange have also removed ties.
Authorities retrieved wreckage from an Indonesian plane crash. A Sriwijaya Air Boeing 737 crashed into the Java Sea with 62 people on board shortly after taking off from Jakarta on Saturday, the latest in a number of aviation disasters for the country.
What to watch for
The world’s biggest gadget convention, by the digits. CES, the conference formerly known as the Consumer Electronics Show, is about to take a step into the future it has been touting for decades. Today, organizers will open their first virtual show, trading millions of square feet of exhibits and gimmicks for a few inches of space on attendees’ laptop screens.
The week will certainly lack some of the overwhelming absurdity that Quartz has gleefully chronicled in years past. But if anyone can pull off an immersive virtual experience, it should be the band of geeks and hucksters that has been heralding the arrival of precisely this kind of digital moment.
170,000: In-person attendees at CES in 2020
150,000: Virtual visitors expected to tune in for CES 2021
4,400: Physical exhibits at CES 2020
1,000: Digital exhibits planned for CES 2021
2: Realities on display last time Quartz attended the convention—one utopia and one dystopia
0: Number of people who will miss battling through crowds for the debut of gimmicky gadgets like the “IoT Cat Toilet LavvieBot”
Charting Elon Musk’s millions
In 2018, Elon Musk negotiated a controversial pay package. The Tesla CEO agreed to receive no salary or bonuses in exchange for a purely performance-based compensation plan. Each time Tesla’s market capitalization crossed a milestone, starting at $100 billion, Musk would receive Tesla stock options up to a market cap of $650 billion. Each payday would be worth hundreds of millions—or even billions—depending on the stock’s fortunes.
At the time, observers doubted the electric automaker could enrich Musk as much as the pay package envisioned. Those doubts are gone.
On Jan. 7, Elon Musk surpassed Jeff Bezos as the world’s richest person with an estimated net worth of $185 billion, up from just over $27 billion in 2020. His wealth has been driven by the meteoric stock price of Tesla, which now has a market capitalization higher than that of Facebook.
Pet profits
Americans spent nearly $100 billion on pets and pet care last year, a sum that has grown by about 4% to 5% a year since the great recession of 2008. That’s more than what they spend on smartphones or at the movies, combined, and greater than the GDP of Ethiopia.
Welcome to the pet industrial complex. As our animals have transformed from our property to our de facto children, a massive and lucrative industry has developed to feed and care for them. Our latest field guide looks at the industry that’s grown around the boom in pet ownership, and why the idea of personhood—viewing our pets as we do humans—threatens to destabilize it.
✦ We’ll sit and stay if you give us the treat of trying out a Quartz membership free for seven days.
Surprising discoveries
China is running low on shipping containers. Soaring demand for Chinese goods has resulted in a shortage of containers, creating bottlenecks in southeast Asia and India, too.
Max is the top dog. A new analysis shows that “Max” has been the most popular name for American dogs ever since the release of the 1979 film Mad Max.
Still, Max needs a “pet shrink.” From trainers to counselors, a burgeoning field of animal behaviorists is promising to help pet owners foster optimal human-pet relationships.
Women are turning to unregulated markets for sperm donors. With sperm banks short on supply thanks to the pandemic, women looking to conceive are turning to Facebook groups instead.
There’s a startup bubble specializing in miniature satellites. So-called “nanosat” startups peddle low-cost technology that helps clients monitor everything from Antarctic penguins to far-off wind farms.
Our best wishes for a productive day. Please send any news, comments, extra shipping containers, and penguin-monitoring satellites to hi@qz.com. Get the most out of Quartz by downloading our iOS app and becoming a member. Today’s Daily Brief was brought to you by Mary Hui, Tripti Lahiri, Sarah Todd, Jackie Bischof, and John Detrixhe.