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Twitter rebrands to ‘X,’ hackers infect Call of Duty, and foreign visitors to China go cashless on July 29, 2023 at 8:15 pm

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Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. Life getting in the way of your daily TechCrunch habit? Not to worry. WiR will get you caught up in no time.

This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; Twitter rebranding to “X”; and hackers infecting Call of Duty with self-spreading malware. Elsewhere, we dive into a North Korean hacking group, foreign Chinese visitors’ newfound ability to go cashless, and the rollout of Sam Altman’s Worldcoin eyeball-scanning crypto project.

As always, it’s a lot to get to, so let’s not delay. But first, a reminder that if you haven’t already, sign up here to get WiR in your inbox every Saturday.

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Twitter rebrands to “X”: This week, Twitter removed its iconic bird logo and adopted “X” as its new official branding. The move, which Elon Musk announced over the weekend, is a harbinger of the platform’s shift — perhaps more aspirational than concrete — to deemphasize text tweets in favor of audio, video, messaging and payment and banking.

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Now it’s my X: Twitter’s rebranding to X hasn’t been faring exceptionally well. In addition to a haphazard rollout that saw parts of the site referencing “X” while others still implored you to “search Twitter” or push a blue button to “Tweet,” the company didn’t even make an attempt to secure the @x Twitter handle, owned by Gene X Hwang of the corporate photography and videography studio Orange Photography. Twitter later wrested control of the handle without notifying or compensating Hwang.

Hackers infect Call of Duty: Hackers are infecting players of an old Call of Duty game, Modern Warfare 2, with a worm that spreads automatically in online lobbies. As Lorenzo writes, Modern Warfare 2 was released quite a bit ago — 2009 — but still has a small community of players. Call of Duty publisher Activision said in a tweet that it would bring the Steam version of the game offline as it “investigates report of [the] issue.”

Foreign visitors to China go cashless: This week, China’s two dominant mobile payment solutions, WeChat Pay and Alipay, announced that foreign users can now pay at Chinese retailers by linking their foreign credit cards, including Visa, Mastercard and Discover. Previously, using WeChat Pay and Alipay in China required a local bank account, making it challenging for short-term visitors to use these payment methods.

Worldcoin launches its eyeball-scanning project: Worldcoin, Sam Altman’s audacious eyeball-scanning crypto startup, has begun the global rollout of its services to help build a reliable solution for distinguishing humans from AI online. People can download World App, the startup’s protocol-compatible wallet software, and visit an Orb, Worldcoin’s helmet-shaped eyeball-scanning verification device, to receive a unique “World ID.”

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North Korean hackers expose themselves: Security researchers say they have high confidence that North Korean hackers were behind a recent intrusion at enterprise software company JumpCloud because of a mistake the hackers made. Mandiant, which is assisting one of JumpCloud’s affected customers, attributed the breach to hackers working for North Korea’s Reconnaissance General Bureau, or RGB, a hacking unit that targets cryptocurrency companies and steals passwords from executives and security teams.

Waymo puts the brakes on trucks: Waymo is tapping the brakes on self-driving trucks and shifting most of its capital, resources and talent to one commercial bet: ride-hailing. Kirsten writes that the move, which was announced Wednesday in a company blog post, comes six years after Waymo first tested its autonomous vehicle system in Class 8 trucks. The company emphasized the decision was driven by the commercial opportunities in applying its autonomous vehicle technology to ride-hailing.

SEC probes Bolt ex-CEO: Ryan Breslow, co-founder of the e-commerce software outfit Bolt, was subpoenaed along with the company last year by the U.S. Securities and Exchange Commission, Christine reported this week. A letter authored in April by a lawyer representing Bolt investors said the SEC was investigating whether federal securities laws were violated in connection with statements made when Bolt was raising money in 2021.

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In need of a podcast to fill the hours? You’re in luck. TechCrunch has a roster of new episodes to keep you both entertained and informed.

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On Equity this week, the crew dug through the headlines of the past few days, starting with AngelList’s acquisition of Nova, Waymo steering toward robotaxis and the latest on interest rates from the Fed. They also touched on earnings for Big Tech and how more limited partner capital can funnel into diverse venture funds.

Found featured a conversation with Mandy Price, the co-founder and CEO at Kanarys, a software-as-a-service startup that helps companies tackle their diversity and inclusion problems with data. Mandy talked about why she started the company after a decade-long career as a lawyer and why she didn’t want Kanarys to just be focused on hiring metrics, as many other diversity, equity and inclusion platforms are.

And on Chain Reaction, Deana Burke and Natasha Hoskins, the co-founders of Boys Club, spoke about their social decentralized autonomous organization for the “crypto curious.” Originally designed to get women and nonbinary people into the web3 world, Boys Club now aims to be an open space for anyone looking to get into the space.

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TC+ subscribers get access to in-depth commentary, analysis and surveys — which you know if you’re already a subscriber. If you’re not, consider signing up. Here are a few highlights from this week:

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Why SAFE rounds are safe: SAFEs, simple agreements for future equity, have long been touted as a founder-friendly structure for signing venture deals. But is it really fair to call them that? Rebecca investigates.

Positivity in the face of toxicity: Dominic writes about how prioritizing positive company culture is just as important — or at least, should be as important — as investor returns.

Playing the long AI game: Microsoft’s and Alphabet’s results indicate the AI game is more of a long-term strategy, Alex writes.

Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there’s something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code WIR. Learn more.

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​ Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. Life getting in the way of your daily TechCrunch habit? Not to worry. WiR will get you caught up in no time. This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; 

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News

US May Completely Cut Income Tax Due to Tariff Revenue

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President Donald Trump says the United States might one day get rid of federal income tax because of money the government collects from tariffs on imported goods. Tariffs are extra taxes the U.S. puts on products that come from other countries.

What Trump Is Saying

Trump has said that tariff money could become so large that it might allow the government to cut income taxes “almost completely.” He has also talked about possibly phasing out income tax over the next few years if tariff money keeps going up.

How Taxes Work Now

Right now, the federal government gets much more money from income taxes than from tariffs. Income taxes bring in trillions of dollars each year, while tariffs bring in only a small part of that total. Because of this gap, experts say tariffs would need to grow by many times to replace income tax money.

Questions From Experts

Many economists and tax experts doubt that tariffs alone could pay for the whole federal budget. They warn that very high tariffs could make many imported goods more expensive for shoppers in the United States. This could hit lower- and middle‑income families hardest, because they spend a big share of their money on everyday items.

What Congress Must Do

The president can change some tariffs, but only Congress can change or end the federal income tax. That means any real plan to remove income tax would need new laws passed by both the House of Representatives and the Senate. So far, there is no detailed law or full budget plan on this idea.

What It Means Right Now

For now, Trump’s comments are a proposal, not a change in the law. People and businesses still have to pay federal income tax under the current rules. The debate over using tariffs instead of income taxes is likely to continue among lawmakers, experts, and voters.

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Epstein Files to Be Declassified After Trump Order

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Former President Donald Trump has signed an executive order directing federal agencies to declassify all government files related to Jeffrey Epstein, the disgraced financier whose death in 2019 continues to fuel controversy and speculation.

The order, signed Wednesday at Trump’s Mar-a-Lago estate, instructs the FBI, Department of Justice, and intelligence agencies to release documents detailing Epstein’s network, finances, and alleged connections to high-profile figures. Trump described the move as “a step toward transparency and public trust,” promising that no names would be shielded from scrutiny.

“This information belongs to the American people,” Trump said in a televised statement. “For too long, powerful interests have tried to bury the truth. That ends now.”

U.S. intelligence officials confirmed that preparations for the release are already underway. According to sources familiar with the process, the first batch of documents is expected to be made public within the next 30 days, with additional releases scheduled over several months.

Reactions poured in across the political spectrum. Supporters praised the decision as a bold act of accountability, while critics alleged it was politically motivated, timed to draw attention during a volatile election season. Civil rights advocates, meanwhile, emphasized caution, warning that some records could expose private victims or ongoing legal matters.

The Epstein case, which implicated figures in politics, business, and entertainment, remains one of the most talked-about scandals of the past decade. Epstein’s connections to influential individuals—including politicians, royals, and executives—have long sparked speculation about the extent of his operations and who may have been involved.

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Former federal prosecutor Lauren Fields said the release could mark a turning point in public discourse surrounding government transparency. “Regardless of political stance, this declassification has the potential to reshape how Americans view power and accountability,” Fields noted.

Officials say redactions may still occur to protect sensitive intelligence or personal information, but the intent is a near-complete disclosure. For years, critics of the government’s handling of Epstein’s case have accused agencies of concealing evidence or shielding elites from exposure. Trump’s order promises to change that narrative.

As anticipation builds, journalists, legal analysts, and online commentators are preparing for what could be one of the most consequential information releases in recent history.

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Politics

Netanyahu’s UN Speech Triggers Diplomatic Walkouts and Mass Protests

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What Happened at the United Nations

On Friday, Israeli Prime Minister Benjamin Netanyahu addressed the United Nations General Assembly in New York City, defending Israel’s ongoing military operations in Gaza. As he spoke, more than 100 delegates from over 50 countries stood up and left the chamber—a rare and significant diplomatic walkout. Outside the UN, thousands of protesters gathered to voice opposition to Netanyahu’s policies and call for accountability, including some who labeled him a war criminal. The protest included activists from Palestinian and Jewish groups, along with international allies.

Why Did Delegates and Protesters Walk Out?

The walkouts and protests were a response to Israel’s continued offensive in Gaza, which has resulted in widespread destruction and a significant humanitarian crisis. Many countries and individuals have accused Israel of excessive use of force, and some international prosecutors have suggested Netanyahu should face investigation by the International Criminal Court for war crimes, including claims that starvation was used as a weapon against civilians. At the same time, a record number of nations—over 150—recently recognized the State of Palestine, leaving the United States as the only permanent UN Security Council member not to join them.

International Reaction and Significance

The diplomatic walkouts and street protests demonstrate increasing global concern over the situation in Gaza and growing support for Palestinian statehood. Several world leaders, including Colombia’s President Gustavo Petro, showed visible solidarity with protesters. Petro called for international intervention and, controversially, for US troops not to follow orders he viewed as supporting ongoing conflict. The US later revoked Petro’s visa over his role in the protests, which he argued was evidence of a declining respect for international law.

BILATERAL MEETING WITH THE PRIME MINISTER OF ISRAEL Photo credit: Matty STERN/U.S. Embassy Jerusalem

Why Is This News Important?

The Gaza conflict is one of the world’s most contentious and closely-watched issues. It has drawn strong feelings and differing opinions from governments, activists, and ordinary people worldwide. The United Nations, as an international organization focused on peace and human rights, is a key arena for these debates. The events surrounding Netanyahu’s speech show that many nations and voices are urging new action—from recognition of Palestinian rights to calls for sanctions against Israel—while discussion and disagreement over the best path forward continue.

This episode at the UN highlights how international diplomacy, public protests, and official policy are all intersecting in real time as the search for solutions to the Israeli-Palestinian conflict remains urgent and unresolved.

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