Chinese police arrest 63 people accused of laundering up to ~$1.7B using Tether, starting in May 2021, after arresting 1,100+ people on similar charges in 2021 (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
ASML, the Dutch company that makes chip making equipment, expects US restrictions on exporting high-end chips to China to have “limited” impact on its business  —  – ASML reported third-quarter revenue and earnings on Wednesday that topped analyst expectations …

Harry McCracken / Fast Company:
In an interview, Zoom CEO Eric Yuan details the company’s decision to rebrand Zoom Chat as Team Chat, seeking to better compete with Slack, Teams, and others  —  It’s nice to be synonymous with a product category.  But Zoom CEO Eric Yuan says that expanding on its video-calling ubiquity is both an opportunity and a challenge.

Arjun Kharpal / CNBC:
Twitter rejects Elon Musk’s claim that a $7.75M severance payment to Peiter Zatko violated the acquisition deal, ahead of a shareholder vote on September 13  —  – Twitter said Monday payments to a whistleblower did not breach any of its obligations under the $44 billion acquisition proposed by Elon Musk …

Arjun Kharpal / CNBC:
Apple keeps iPhone 14 prices the same in the US but raises them around the world, including in the UK, Japan, and Germany, due to a strong dollar  —  – Apple raised the price of its iPhone 14 series versus the iPhone 13 in key markets including the U.K., Japan and Germany even as it kept the price of the smartphone the same in the U.S.

CNBC:
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited  —  – The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney …

Sam Reynolds / CoinDesk:
A New York judge orders Tether to produce documents related to the backing of USDT in a lawsuit claiming Tether conspired to issue USDT to pump bitcoin prices  —  The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.