An in-depth look at the US sanctions on China’s chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers (June Yoon/Financial Times)

Olivia Solon / Bloomberg:
TikTok and Bumble plan to use StopNCII.org’s database of hashes of nude images and videos to block revenge porn; Meta has been using it since last year  —  The UN’s 16 days of activism against gender-based violence is on now, and “revenge porn” is in focus.  But first…  Today’s must-reads:

Stephen Graves / Decrypt:
Google Cloud says it is running a Solana validator and is indexing Solana data for BigQuery, will add Solana support to Blockchain Node Engine in 2023, and more  —  Solana ( SOL) rose 12% on the news, changing hands at around $36.80 at time of publication.

Reuters:
Sources: the US plans to spare SK Hynix and Samsung from the brunt of new restrictions on DRAM and NAND chipmakers in China planned to be released this week  —  The Biden administration plans to spare SK Hynix (005930.KS) and Samsung (005930.KS) from the brunt of new restrictions …

Lucía Cholakian Herrera / Rest of World:
As annual inflation nears 100% in Argentina, a look at locals’ use of Mercado Pago and other digital wallets to protect their pesos, amid scam and theft issues  —  Payment apps cushion users from a falling peso but won’t protect them from theft.  —  • BUENOS AIRES, ARGENTINA

CNBC:
After surprising inflation data, Nasdaq closes down 5.16%, Nvidia down 9.47%, Meta down 9.37%, Coinbase down 8.84%, Amazon down 7.06%; BTC down 9%+ in 24 hours  —  WATCH NOW  —  Four experts react to August’s key inflation report  —  Stocks fell sharply on Tuesday after a key August inflation report came …

Kyle Wiggers / TechCrunch:
Trendsi, which helps sellers and manufacturers predict demand, raised a $25M Series A led by Lightspeed Venture Partners, bringing its total funding to $30M  —  In the traditional business-to-business world, sellers often don’t know how much of a product they should order.