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Welcome to the opening episode of Design Talks channel where we will cover everything related to product design and digital products. The topic of phone licensing is important and often misunderstood, so let's dive into it. Fonts and typefaces are different - a typeface is a set of glyphs with a consistent design, while a font is a digital file that tells software how to display characters. Understanding phone licensing is crucial to avoid any trouble, so let's explore it further.