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flag TSMC investigates former exec over alleged trade secret leak to Intel.

flag TSMC is investigating former vice president Wei-Jen Lo after his home was raided over allegations of leaking trade secrets to Intel. flag Google DeepMind’s researcher questioned recent AI chip stock drops, citing speculation Meta may shift to Google’s chips. flag Baidu laid off staff across multiple units following weak earnings, with some teams cutting up to 40% of workers. flag Amazon won a court ruling blocking New York’s labor law that would let the state intervene in private-sector union disputes. flag Senators Blumenthal and Hawley called for a federal probe into Meta over alleged $16 billion in annual revenue from fraudulent ads on Facebook and Instagram.

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