Three people have been charged for allegedly conspiring to divert high-performance computer servers assembled in the United States and integrating sophisticated U.S. artificial intelligence technology to China.
Yih-Shyan "Wally" Liaw, a U.S. citizen, and Ting-Wei "Willy" Sun, a citizen of Taiwan, were arrested Thursday and will be presented in the Northern District of California. Ruei-Tsang "Steven" Chang, a citizen of Taiwan, remains a fugitive, the U.S. Department of Justice said.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.