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Hey, pals, welcome to Week in Overview (WiR), TechCrunch’s roundup of the week in tech information. Life getting in the way in which of your each day TechCrunch behavior? To not fear. WiR will get you caught up very quickly.
This week, WiR covers the enhancing high quality of AI porn mills and the moral dilemmas they elevate; Twitter rebranding to “X”; and hackers infecting Name of Responsibility with self-spreading malware. Elsewhere, we dive right into a North Korean hacking group, overseas Chinese language guests’ newfound skill to go cashless, and the rollout of Sam Altman’s Worldcoin eyeball-scanning crypto mission.
As at all times, it’s so much to get to, so let’s not delay. However first, a reminder that if you haven’t already, enroll right here to get WiR in your inbox each Saturday.
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Twitter rebrands to “X”: This week, Twitter eliminated its iconic chook brand and adopted “X” as its new official branding. The transfer, which Elon Musk introduced over the weekend, is a harbinger of the platform’s shift — maybe extra aspirational than concrete — to deemphasize textual content tweets in favor of audio, video, messaging and cost and banking.
Now it’s my X: Twitter’s rebranding to X hasn’t been faring exceptionally nicely. Along with a haphazard rollout that saw components of the positioning referencing “X” whereas others nonetheless implored you to “search Twitter” or push a blue button to “Tweet,” the corporate didn’t even make an try to safe the @x Twitter handle, owned by Gene X Hwang of the company images and videography studio Orange Images. Twitter later wrested management of the deal with with out notifying or compensating Hwang.
Hackers infect Name of Responsibility: Hackers are infecting gamers of an outdated Name of Responsibility sport, Trendy Warfare 2, with a worm that spreads robotically in on-line lobbies. As Lorenzo writes, Trendy Warfare 2 was launched fairly a bit in the past — 2009 — however nonetheless has a small neighborhood of gamers. Name of Responsibility writer Activision stated in a tweet that it could convey the Steam model of the sport offline because it “investigates report of [the] subject.”
International guests to China go cashless: This week, China’s two dominant cellular cost options, WeChat Pay and Alipay, introduced that overseas customers can now pay at Chinese language retailers by linking their overseas bank cards, together with Visa, Mastercard and Uncover. Beforehand, utilizing WeChat Pay and Alipay in China required a neighborhood checking account, making it difficult for short-term guests to make use of these cost strategies.
Worldcoin launches its eyeball-scanning mission: Worldcoin, Sam Altman’s audacious eyeball-scanning crypto startup, has begun the worldwide rollout of its companies to assist construct a dependable resolution for distinguishing people from AI on-line. Folks can obtain World App, the startup’s protocol-compatible pockets software program, and go to an Orb, Worldcoin’s helmet-shaped eyeball-scanning verification gadget, to obtain a novel “World ID.”
North Korean hackers expose themselves: Safety researchers say they’ve excessive confidence that North Korean hackers have been behind a current intrusion at enterprise software program firm JumpCloud due to a mistake the hackers made. Mandiant, which is aiding considered one of JumpCloud’s affected prospects, attributed the breach to hackers working for North Korea’s Reconnaissance Normal Bureau, or RGB, a hacking unit that targets cryptocurrency corporations and steals passwords from executives and safety groups.
Waymo places the brakes on vehicles: Waymo is tapping the brakes on self-driving vehicles and shifting most of its capital, sources and expertise to 1 business wager: ride-hailing. Kirsten writes that the transfer, which was introduced Wednesday in an organization weblog publish, comes six years after Waymo first examined its autonomous automobile system in Class 8 vehicles. The corporate emphasised the choice was pushed by the business alternatives in making use of its autonomous automobile expertise to ride-hailing.
SEC probes Bolt ex-CEO: Ryan Breslow, co-founder of the e-commerce software program outfit Bolt, was subpoenaed together with the corporate final yr by the U.S. Securities and Alternate Fee, Christine reported this week. A letter authored in April by a lawyer representing Bolt traders stated the SEC was investigating whether or not federal securities legal guidelines have been violated in reference to statements made when Bolt was elevating cash in 2021.
Audio
In want of a podcast to fill the hours? You’re in luck. TechCrunch has a roster of latest episodes to maintain you each entertained and knowledgeable.
On Fairness this week, the crew dug by means of the headlines of the previous few days, beginning with AngelList’s acquisition of Nova, Waymo steering towards robotaxis and the most recent on rates of interest from the Fed. In addition they touched on earnings for Large Tech and the way extra restricted accomplice capital can funnel into various enterprise funds.
Discovered featured a dialog with Mandy Value, the co-founder and CEO at Kanarys, a software-as-a-service startup that helps corporations sort out their range and inclusion issues with knowledge. Mandy talked about why she began the corporate after a decade-long profession as a lawyer and why she didn’t need Kanarys to only be targeted on hiring metrics, as many different range, fairness and inclusion platforms are.
And on Chain Response, Deana Burke and Natasha Hoskins, the co-founders of Boys Membership, spoke about their social decentralized autonomous group for the “crypto curious.” Initially designed to get ladies and nonbinary individuals into the web3 world, Boys Membership now goals to be an open house for anybody trying to get into the house.
TechCrunch+
TC+ subscribers get entry to in-depth commentary, evaluation and surveys — which you already know if you happen to’re already a subscriber. In the event you’re not, take into account signing up. Listed here are a number of highlights from this week:
Why SAFE rounds are protected: SAFEs, easy agreements for future fairness, have lengthy been touted as a founder-friendly construction for signing enterprise offers. However is it actually truthful to name them that? Rebecca investigates.
Positivity within the face of toxicity: Dominic writes about how prioritizing optimistic firm tradition is simply as vital — or not less than, ought to be as vital — as investor returns.
Enjoying the lengthy AI sport: Microsoft’s and Alphabet’s outcomes point out the AI sport is extra of a long-term technique, Alex writes.
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