Authored by Arthur Zhang via The Epoch Times,
A California man has been arrested on federal charges accusing him of helping route more than $300 million in export-controlled computer servers to China through Malaysia and Singapore.
Greg Lui, 38, who also uses the name “Yiu Kong Lui,” is arrested by federal agents in Los Angeles County on Oct. 1, 2026. FBIGreg Lui, 38, also known as Yiu Kong Lui, of San Gabriel, was arrested Oct. 1 after a federal grand jury returned a three-count indictment two days earlier.
Lui was the chief executive officer and owner of Earthmade Computer Inc., a company based in City of Industry, California, and established in November 2023. He was also the registered agent of another company, Coindigger, that did business as Earthmade.
Earthmade has not been charged in the case. The company did not respond by publication time to a request for comment.
Lui is charged with conspiracy to violate U.S. export-control laws, outbound smuggling, and conspiracy to commit money laundering. Prosecutors allege payments from Malaysia flowed into Earthmade's U.S. bank accounts and were then used to buy restricted servers from American manufacturers.
Prosecutors allege the conspiracy began no later than October 2023 and continued through at least Aug. 12, 2026. The indictment's detailed transaction examples are concentrated in 2024, when Lui and others allegedly bought high-end computer servers and graphics processing units, or GPUs, from U.S. manufacturers and routed them through Malaysia and Singapore before they ultimately reached China.
Malaysian RouteBetween January and October 2024, Earthmade received more than $80 million from one Malaysian company and $96 million from another, according to the indictment. Prosecutors say Earthmade brokered nearly $300 million in sales of export-controlled Nvidia-powered servers from three U.S. manufacturers.
One of the Malaysian companies had been established in 1999 and primarily dealt in lumber, plywood, millwork, and wood panels. Prosecutors describe the second Malaysian entity as a front company.
In January 2024, Lui allegedly told a co-conspirator that the lumber company wanted 70 servers containing Nvidia H100 GPUs. Later that month, he placed an order for 27 H100-equipped servers worth about $7.6 million.
Those servers were shipped from Los Angeles County to Kuala Lumpur. Less than two months later, prosecutors say, a co-conspirator emailed a Malaysian government official stating that the 27 servers had been transshipped to a Chinese purchaser.
Another order was far larger. A U.S. manufacturer quoted Earthmade for 512 export-controlled servers in April 2024, and Lui placed the order the following day.
The indictment traces 92 of those servers. Although a manufacturer had said they were ready to ship to Earthmade in Los Angeles County, prosecutors allege Lui and a co-conspirator instead had them flown from San Francisco to Kuala Lumpur and then onward to Hong Kong. The Chinese purchaser was listed as the consignee.
The indictment identifies the purchaser as an unnamed industrial company based in Hangzhou, China.
US Front CompanyProsecutors describe another transaction involving 100 servers equipped with Nvidia H100 GPUs and worth more than $22 million.
Lui allegedly used an unnamed U.S. front company to place the order and claimed that another City of Industry company, Topmost, was the buyer. He then submitted false documents identifying "Jackie Lui" as Topmost's chief executive, according to the indictment.
Topmost was also not charged in the case. The company did not respond to a request for comment by publication time.
Prosecutors allege Lui had purchased another person's identifying documents in 2021 and later used that identity in business transactions connected to the export-evasion scheme.
The indictment also alleges that a person presented as chief technology officer of the Malaysian lumber company was actually an international broker of export-controlled servers who incorporated Topmost in California.
Roman Rozhavsky, assistant director of the FBI's Counterintelligence and Espionage Division, said the bureau's investigation found that Lui allegedly sold hundreds of millions of dollars' worth of the technology to the Chinese government.
An Nvidia spokesperson told The Epoch Times on Oct. 2, "This case shows yet again that smuggling is a losing proposition - legally, economically and technically. Our work with law enforcement has led to prosecutions, and we will continue to engage with law enforcement."
If convicted of all charges, Lui faces statutory maximum sentences of 20 years on the export-control conspiracy count, 20 years on the money-laundering conspiracy count, and 10 years on the smuggling count.
Lui was expected to make his initial appearance and be arraigned Oct. 2 in federal court in downtown Los Angeles.
OCTOBER ONLY.$10 OFFYOUR NEXT ORDER.$30 min. Ends Oct 31. One per customer.GET MY $10 OFF →Signs you up for ZeroHedge Store emails. Can't be combined. Every order helps support ZeroHedge. Tyler Durden Sat, 10/03/2026 - 15:10A massive search is underway off Nantucket on Saturday morning after a Gulfstream G100 carrying six people disappeared from radar while flying from Bermuda to Boston.
The G100 was operated by Latitude Air Ambulance, which provides medical evacuation and repatriation services.
BREAKING: Gulfstream G100 with 6 persons on board has reportedly crashed into the Atlantic while flying from Bermuda to Boston pic.twitter.com/gHZI5Sq2vc
— Breaking Aviation News & Videos (@aviationbrk) October 3, 2026Company spokesman Clarence Togeretz confirmed to The New York Times that the G100 was missing and said Latitude had contacted search-and-rescue and law enforcement agencies.
Local outlet Nantucket Current said the search-and-rescue effort is focused on an area about 13 nautical miles south of Nantucket.
BREAKING: A search is underway 13 nautical miles south of Nantucket for a Gulfstream aircraft with six persons on board. The FAA reported losing contact with the aircraft early Saturday morning.
The Gulfstream G100 (tail #CGRJP) air ambulance was traveling from Bermuda to… pic.twitter.com/TvKEe9e2iU
Flight-tracking website Flightradar24 shows the area of interest where aerial and sea-based Coast Guard assets are searching.
The US Coast Guard is continuing to search for a missing G100 C-GRJP, which lost contact en route to Boston. https://t.co/Yv3BmlmJco pic.twitter.com/TYXdccMR9y
— Flightradar24 (@flightradar24) October 3, 2026X user Breaking Aviation News & Videos lists the Coast Guard assets searching for the G100:
Nantucket Current said the G100 "declared an emergency before losing contact."
Tyler Durden Sat, 10/03/2026 - 14:35Authored by Jill McLaughlin via The Epoch Times,
Paramount and Warner Bros. studios will be combined under one company named Skydance, company CEO David Ellison announced Oct. 2 on his newly opened X account.
David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon at Caesars Palace in Las Vegas on April 16, 2026. AP Photo/Chris Pizzello"We have big goals for Skydance, and we intend to pursue them with passion, imagination, and a willingness to take smart risks," Ellison said.
"At the same time, we will honor what makes Paramount and Warner Bros. special - giving both studios the opportunity to grow, tell more great stories, and bring those stories to even broader audiences around the world, powered by the scale and capabilities of Skydance," he said.
Ellison said the company chose the name Skydance for a few reasons. The company will serve as an umbrella entity over Paramount and Warner Bros., bringing the iconic studios together under one roof while also preserving their "distinct identities, extraordinary legacies, and brands that have resonated with audiences for generations."
"We never wanted a new corporate identity to diminish, alter or overshadow either one," Ellison said in the post. "Instead, we wanted a name that would give the combined company an identity of its own while allowing Paramount and Warner Bros. - and all our extraordinary brands - to remain in the spotlight."
The company's assets now include Paramount Pictures and Warner Bros. Pictures, Skydance Animation, Nickelodeon Animation Studio and Avatar Studios; CBS, Showtime, MTV, CNN, TNT, TBS, Comedy Central, Food Network, HGTV, Discovery Channel, HBO/HBO Max, Paramount Plus, and others.
Skydance also owns the film rights to at least 22 of the industry's biggest franchises, including Star Trek, DC Comics, Looney Tunes, Game of Thrones, Dora The Explorer, Mission Impossible, The Lord of the Rings, SpongeBob SquarePants, Avatar: The Last Airbender, and Transformers.
Ellison announced on Sept. 30 that Ynon Kreiz would serve as co-CEO of the merged company when it officially closed. He joins the company from Mattel, a leading entertainment company where he has served as chairman and CEO since 2018.
Kreiz will oversee the company's day-to-day operations and integration of the combined businesses, while Ellison will lead the strategy, creative, and technology aspects of the company, according to Ellison.
"I'm excited to partner with David to build the next-generation media and entertainment company - bringing together premium content and iconic brands at the highest quality and scale, serving global audiences across every entertainment vertical and distribution platform," Kreiz said in a statement.
Paramount Skydance settled a lawsuit with California and 11 other states on Sept. 21 that attempted to block the $111 billion acquisition, clearing a path for one of the largest media mergers in history.
The settlement was approved by a U.S. District Judge Sept. 30, paving the way for the merger to officially close on Oct. 6.
OCTOBER ONLY.$10 OFFYOUR NEXT ORDER.$30 min. Ends Oct 31. One per customer.GET MY $10 OFF →Signs you up for ZeroHedge Store emails. Can't be combined. Every order helps support ZeroHedge. Tyler Durden Sat, 10/03/2026 - 14:00