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An anonymous reader shares a report: China is pulling the plug on a key advantage held by high-frequency traders, removing servers dedicated to those firms out of local exchanges' data centers, according to people familiar with the matter. Commodities futures exchanges in Shanghai and Guangzhou are among those that have ordered local brokers to shift servers for their clients out of data centers run by the bourses, according to the people, who said the move was led by regulators. The change doesn't only affect high-frequency firms but they are likely to feel the biggest impact. The Shanghai Futures Exchange has told brokers they need to get equipment for high-speed clients out by the end of next month, while other clients need to do so by April 30, the people said. The clampdown will hit China's army of domestic high-frequency firms but will also impact a swathe of global firms that are active in the country. Citadel Securities, Jane Street Group and Jump Trading are among the foreign firms whose access to servers is being affected, the people said, asking not to be named as the matter is private.

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Ransomware kingpin who escaped Armenian custody is believed to be lying low back home

German cops have added Russian national Oleg Evgenievich Nefekov to their list of most-wanted criminals for his services to ransomware.…

That went well

Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark Zuckerberg did just that, and now Meta is backing away from the virtual reality business in which it invested billions.…

Tom's Hardware: Extensive research into the pricing of some of the best hard drives on the market for large capacity, economical storage indicates that prices are beginning to increase sharply, with some of the most popular models on the market seeing increases upwards of 60%. According to research from ComputerBase, pricing analysis on 12 of the most popular mainstream drives on the market indicates an average price increase of 46% over the last 4 months. While the research and price checks on these drives track movement based on European prices (ComputerBase is a German outlet), Tom's Hardware checks on similar or identical SKUs in the U.S. indicate that the trends are indeed replicated, or perhaps worse, on the other side of the pond. CB reports that various drives like Seagate's IronWolf NAS line, Toshiba's Cloud Scale Capacity Drives, Western Digital's WD Red, and Seagate's BarraCuda lines are all showing price increases of between 23% and 66%. As noted, the average price increases clock in at 46% since September 2025.

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Analyst: We'll hit a spot where 'we go from that was a great idea to where's my revenue?'

Software vendors and cloud providers are bearing the burden of the expected trillion-dollar increase in AI spending this year, as investment hits $2.52 trillion, according to Gartner.…