Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy (Tracy Qu/South China Morning Post)

Tracy Qu / South China Morning Post:
Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy  —  A symposium involving Chinese Big Tech has been scheduled after the Labour Day holiday to assure business leaders on the new direction …

Apple sees bigger supply problems after strong start to year

Apple Inc on Thursday forecast bigger problems as COVID-19 lockdowns snarl production and demand in China, the war in Ukraine dents sales and growth slows in services, which the iPhone maker sees as its engine for expansion. https://ift.tt/JEkTo7n

China's lockdown outrage tests state propaganda limits in Shanghai, where internet-savvy residents overwhelmed censors' ability to keep up with critical posts (New York Times)

New York Times:
China's lockdown outrage tests state propaganda limits in Shanghai, where internet-savvy residents overwhelmed censors' ability to keep up with critical posts  —  Public anger and grief over the bungled lockdown in Shanghai is creating a credibility crisis for the country's leader, Xi Jinping, and his zero Covid policies.

Turtlemint, which helps financial advisors understand and distribute insurance to their customers, raises a $120M Series E at a $900M post-money valuation (Priyanka Iyer/Moneycontrol)

Priyanka Iyer / Moneycontrol:
Turtlemint, which helps financial advisors understand and distribute insurance to their customers, raises a $120M Series E at a $900M post-money valuation  —  The firm intends to use the fresh funds to expand in new geographies, scale leadership and strengthen product stack.

Judge rules for Elon Musk in $13 billion lawsuit over Tesla-SolarCity deal

Tesla Inc Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in 2016 to acquire SolarCity Corp, where Musk was chairman and the largest shareholder, a Delaware judge ruled on Wednesday. https://ift.tt/IX9RVyT

Weibo says it will publish the locations of users based on IP addresses on their account pages and posts to combat "bad behaviour"; users cannot opt-out (Reuters)

Reuters:
Weibo says it will publish the locations of users based on IP addresses on their account pages and posts to combat “bad behaviour”; users cannot opt-out  —  Weibo , China's equivalent of Twitter, told users on Thursday it would start to publish their IP locations on their account pages …