Shameless Plug

IBM Shares Crater 13% After Anthropic Says Claude Code Can Tackle COBOL Modernization Published on 2026-02-23T21:10:00Z IBM shares plunged nearly 13% on Monday after Anthropic published a blog post arguing that its Claude Code tool could automate much of the complex analysis work involved in modernizing COBOL, the decades-old programming language that still underpins an estimated 95% of ATM transactions in the United States and runs on the kind of mainframe systems IBM has sold for generations. Anthropic said the shrinking pool of developers who understand COBOL had long made modernization cost-prohibitive, and that AI could now flip that equation by mapping dependencies and documenting workflows across thousands of lines of legacy code. The sell-off deepened a rough 2026 for IBM, whose shares are now down more than 22% year to date. Read more of this story at Slashdot.

Linus Torvalds: Someone 'More Competent Who Isn't Afraid of Numbers Past the Teens' Will Take Over Linux One Day Published on February 24, 2026 at 01:06AM Linus Torvalds has pondered his professional mortality in a self-deprecating post to mark the release of the first release candidate for version 7.0 of the Linux kernel. From a report: "You all know the drill by now: two weeks have passed, and the kernel merge window is closed," he wrote in the post announcing Linux 7.0 rc1. "We have a new major number purely because I'm easily confused and not good with big numbers." Torvalds pointed out that the numbers he applies to new kernel releases are essentially meaningless. "We haven't done releases based on features (or on "stable vs unstable") for a long, long time now. So that new major number does *not* mean that we have some big new exciting feature, or that we're somehow leaving old interfaces behind. It's the usual ...

'How Many AIs Does It Take To Read a PDF?' Published on February 24, 2026 at 12:20AM Despite AI's progress in building complex software, the ubiquitous PDF remains something of a grand challenge -- a format Adobe developed in the early 1990s to preserve the precise visual appearance of documents. PDFs consist of character codes, coordinates, and rendering instructions rather than logically ordered text, and even state-of-the-art models asked to extract information from them will summarize instead, confuse footnotes with body text, or outright hallucinate contents, The Verge writes. Companies like Reducto are now tackling the problem by segmenting pages into components -- headers, tables, charts -- before routing each to specialized parsing models, an approach borrowed from computer vision techniques used in self-driving vehicles. Researchers at Hugging Face recently found roughly 1.3 billion PDFs sitting in Common Crawl alone, and the Allen Institute for AI has noted that...

Long Before Tech CEOs Turned To Layoffs To Cover AI Expenses, There Was WorldCom Published on February 23, 2026 at 03:04AM Long-time Slashdot reader theodp writes: Jeopardy time. A. This company spurred CEOs to make huge speculative capital expenditures based on wild unverified claims of future demand, resulting in the layoffs of tens of thousands of workers to reduce the resulting expenses, harming their core businesses. Q. What is OpenAI? Sorry, the correct response is, "What is WorldCom?" In 2002, WorldCom, the second largest long-distance company in the U.S., entered Chapter 11 bankruptcy after disclosing accounting fraud that eventually totaled $11 billion, the biggest ever at the time. CEO Bernard Ebbers was subsequently sentenced to 25 years in prison. CNBC reported that an employee of WorldCom's Internet service provider UUNet set off a frenzy of speculative investment and infrastructure overbuild after he used Excel to create a best-case scenario model for the ...

'Open Source Registries Don't Have Enough Money To Implement Basic Security' Published on February 23, 2026 at 02:04AM Google and Microsoft contributed $5 million to launch Alpha-Omega in 2022 — a Linux Foundation project to help secure the open source supply chain. But its co-founder Michael Winser warns that open source registries are in financial peril, reports The Register, since they're still relying on non-continuous funding from grants and donations. And it's not just because bandwidth is expensive, he said at this year's FOSDEM. "The problem is they don't have enough money to spend on the very security features that we all desperately need..." In a follow-up LinkedIn exchange after this article had posted, Winser estimated it could cost $5 million to $8 million a year to run a major registry the size of Crates.io, which gets about 125 billion downloads a year. And this number wouldn't include any substantial bandwidth and infrastructu...

Researchers Develop Detachable Crawling Robotic Hand Published on February 23, 2026 at 01:04AM Long-time Slashdot reader fahrbot-bot writes: Researchers have developed a robotic hand that can not only skitter about on its fingertips, it can also bend its fingers backward, connect and disconnect from a robotic arm, and pick up and carry one or more objects at a time. This article in Science News includes footage of the robotic arm reattaching itself to the skittering robot hand, which can also hold objects against both sides of its palm simultaneously, and "can even unscrew the cap off a mustard bottle while holding the bottle in place." With its unusual agility, it could navigate and retrieve objects in spaces too confined for human hands. When attached to the mechanical arm, the robotic hand could pick up objects much like a human hand. The bot pinched a ball between two fingers, wrapped four fingers around a metal rod and held a flat disc between fingers and palm. But the...

AI Now Helps Manage 16% of America's Apartments Published on February 23, 2026 at 12:04AM Imagine a 280-unit apartment complex offering no on-site leasing office with a human agent for questions. "Instead, the entire process has been outsourced to AI..." reports SFGate, "from touring to signing the lease to completing management tasks once you actually move in." Now imagine it's far more than just one apartment complex... At two other Jack London Square apartment buildings, my initial interactions were also with a robot. At the Allegro, my fiance and I entered the leasing office for our tour and asked for "Grace P," the leasing agent who had emailed us. "Oh, that's just our AI assistant," the woman at the front desk told us... At Aqua Via, another towering apartment complex across the street, I emailed back and forth with a very helpful and polite "Sofia M." My pal Sofia seemed so human-like in her responses that I did not...