JPMorgan Chase is now fighting to avoid paying $10.2 million in disputed legal charges racked up by Charlie Javice, the convicted founder of student-finance startup Frank, after court filings revealed her defense team billed more than $5 million simply for attending her fraud trial -- including on days when court wasn't even in session.

A previously sealed Delaware court filing [PDF] released Monday showed that Javice's total legal tab has reached $74 million, far exceeding the $30 million Elizabeth Holmes spent defending herself in the Theranos case. JPMorgan claims the five law firms representing Javice operated under the mindset that "someone else is paying her bills." The bank's filing focused on Quinn Emanuel and Mintz Levin, the two largest firms on Javice's defense. JPMorgan said Javice had between 16 and 29 lawyers and legal staff present every day of her six-week trial, billing an average of $360,000 daily. No more than four lawyers had speaking roles.

Among the 2,377 pages of receipts submitted for March: a Cookie Monster toddler's toy, lavender and jasmine sachets, 57 hotel room upgrades at $300 per night, and a $900 meal at Koloman, a highly rated New York restaurant. A New York jury found Javice guilty in March of misleading JPMorgan into acquiring Frank for $175 million by fabricating millions of fake users. She was sentenced in September to seven years in prison but remains free on bail pending her appeal.

Amid a global DDR5 shortage and soaring prices, Russian hardware enthusiasts are experimenting with do-it-yourself DDR5 RAM by sourcing empty PCBs and soldering memory chips by hand. Tom's Hardware reports: The idea comes from Russian YouTuber PRO Hi-Tech's Telegram channel, where a local enthusiast known as "Vik-on" already performs VRAM upgrades for GPUs, so this is a relatively safe operation for him. According to Vik-on, empty RAM PCBs can be sourced from China for as little as $6.40 per DIMM. The memory chips themselves, though, that's a different challenge.

The so-called spot market for memory doesn't really exist at the moment, since no manufacturer has the production capacity to make more RAM, and even if they did, they'd sell to better-paying AI clients instead. Still, you can find SK Hynix and Samsung chips across Chinese marketplaces if you search for the correct part number, as shown in the attached screenshots.

Moreover, the Telegram thread says it would cost roughly 12,000 Russian Rubles ($152) to build a 16 GB stick with "average" specs, which is about the same as a retail 16 GB kit. There's also a ZenTimings snapshot showing CL28 timings, claiming that even relatively high-end DDR5 RAM can be built using this method, but it won't be cost-effective. Therefore, it doesn't make too much sense just yet to get the BGA rework station out and assemble your own DDR5. Things are expected to get worse, though, so maybe these Russians are on to something.

Laptop makers are facing record-setting memory prices next year. The site Notebookcheck catalogs how different companies are responding: Sources told [Korean business newspaper] Chosun Biz that some manufacturers have signed preliminary contracts with Samsung, Micron, and SK Hynix. Even so, it won't prevent DDR5 RAM prices from soaring 45% higher by the end of 2026.... Before the memory shortage, PC sales had been on the upswing in part because of forced Windows 11 upgrades. That trend will likely reverse in 2026, as buyers avoid Lenovo laptops and alternatives from its rivals.

Realizing a slowdown in purchases is inevitable, postponed launches are one potential outcome. Other manufacturers, including Dell and Framework have already announced impending price hikes... [The article also cites reports that one laptop manufacturer "plans to raise the prices of high-end models by as much as 30%."] U.S.-based Maingear now encourages customers to mail in their own modules to complete custom builds. Yet, without recycling parts from older systems, that won't result in significant savings for consumers.

The 2011 meltdown at Fukushima's nuclear plant "was the world's worst nuclear disaster since Chernobyl in 1986," CNN remembers.

But this week Japanese authorities "have approved a decision to restart the world's biggest nuclear power plant," reports CNN, "which has sat dormant for more than a decade following the Fukushima nuclear disaster."

Despite nerves from many local residents, the Niigata prefectural assembly, home to the Kashiwazaki-Kariwa plant, approved a bill on Monday that clears the way for utility company Tokyo Electric Power Company (TEPCO) to restart one of the plant's seven reactors. The company plans to bring the No. 6 reactor back online around January 20, Japan's public broadcaster NHK reported...

Following the [2011] disaster, Japan shut down all 54 of its nuclear power stations including Kashiwazaki-Kariwa, which sits in the coastal and port region of Niigata about 320 kilometers (200 miles) north of Tokyo on Japan's main island of Honshu. Japan has since restarted 14 of the 33 nuclear reactors that remain operable, according to the World Nuclear Association. The Niigata plant will be the first to reopen under the operation of TEPCO, the company that ran the Fukushima Daiichi power station. It has been trying to reassure residents of the restart plan is safe...

About 60-70% of Japan's power generation comes from imported fossil fuels, which cost the country about 10.7 trillion yen ($68 billion) last year alone... Japan is the world's fifth-largest emitter of carbon dioxide, after China, the United States, India and Russia, according to the International Energy Agency. But it has committed to reaching net zero emissions by 2050, and renewable energy was at the center of its latest energy plan published earlier this year, with a push for greater investments in solar and wind. The country's energy demands are also expected to increase in the coming years due to a boom in energy-hungry data centers that power AI infrastructure. To achieve its energy and climate goals, Japan aims to double the share of nuclear power in its electricity mix to 20% by 2040...

On its website, TEPCO said Kashiwazaki-Kariwa had undergone multiple inspections and upgrades and that the company had learned "the lessons of Fukushima." The company said new seawalls and watertight doors would provide "stronger protection against tsunamis" and that mobile generators and more fire trucks would be on hand for "cooling support" in an emergency. It also said the plant now had "upgraded filtering systems designed to control the spread of radioactive materials."
A survey published by the prefecture in October "found 60% of residents did not think conditions for the restart had been met," reports Reuters, adding that "Nearly 70% were worried about TEPCO operating the plant."

An independent review found that at least ten technical and process failures during a routine firewall upgrade at Australia's Optus prevented emergency calls from reaching Triple Zero for 14 hours, during which 455 calls failed and two callers died. The Register reports: On Thursday, Optus published an independent report (PDF) on the matter written by Dr Kerry Schott, an Australian executive who has held senior management roles at many of the country's most significant businesses. The report found that Optus planned 18 firewall upgrades and had executed 15 without incident. But on the 16th upgrade, Optus issued incorrect instructions to its outsourced provider Nokia. [...] Schott summarized the incident as follows: "Three issues are clear during this incident. The first is the very poor management and performance within [Optus] Networks and their contractor, Nokia. Process was not followed, and incorrect procedures were selected. Checks were inadequate, controls avoided and alerts given insufficient attention. There appeared to be reticence in seeking more experienced advice within Networks and a focus on speed and getting the task done, rather than an emphasis on doing things properly."

The review also found that Optus' call center didn't appreciate it could be "the first alert channel for Triple Zero difficulties." The document also notes that Australian telcos try to route 000 calls during outages, but that doing so is not easy and is made harder by the fact that different smartphones behave in different ways. Optus does warn customers if their devices have not been tested for their ability to connect to 000, and maintains a list of known bad devices. But the report notes Optus's process "does not capture so-called 'grey' devices that have been bought online or overseas and may not be compliant." "To have a standard firewall upgrade go so badly is inexcusable," the document states. "Execution was poor and seemed more focussed on getting things done than on being right. Supervision of both network staff and Nokia must be more disciplined to get things right."

An anonymous reader quotes a report from Ars Technica: Google has increasingly moved toward keeping features locked to its hardware products, but the Translate app is bucking that trend. The live translate feature is breaking out of the Google bubble with support for any earbuds you happen to have connected to your Android phone. The app is also getting improved translation quality across dozens of languages and some Duolingo-like learning features.

The latest version of Google's live translation is built on Gemini and initially rolled out earlier this year. It supports smooth back-and-forth translations as both on-screen text and audio. Beginning a live translate session in Google Translate used to require Pixel Buds, but that won't be the case going forward. Google says a beta test of expanded headphone support is launching today in the US, Mexico, and India.

The audio translation attempts to preserve the tone and cadence of the original speaker, but it's not as capable as the full AI-reproduced voice translations you can do on the latest Pixel phones. Google says this feature should work on any earbuds or headphones, but it's only for Android right now. The feature will expand to iOS in the coming months. [...] The new translation model, which is also available in the search-based translation interface, supports over 70 languages.

Longtime Slashdot reader MadCow42 writes: Canonical just announced that they're packaging AMD's ROCm libraries (for AIML and HPC with both data-center GPUs as well as desktop/laptop GPUs), directly into the Ubuntu Universe archive. You can run ROCm on Ubuntu today but you have to install it via a script from AMD and manually remove and reinstall for any upgrades or bug fixes. Having it in Ubuntu as a normal Debian package will make it much easier to install and also to maintain in the long run via normal apt tooling ('apt upgrade'). This also means that ROCm can be an automatically-installed dependency for other packages, which doesn't happen today.

And, interestingly, Canonical has committed to providing long-term-support for ROCm in Ubuntu -- which is particularly exciting for edge and IoT devices that may have a long life in the field and need regular security patches and updates.

FreeBSD 15.0-RELEASE arrived this week, notes this report from The Register, which calls it the latest release "of the Unix world's leading alternative to Linux." As well as numerous bug fixes and upgrades to many of its components, the major changes in this version are reductions in the number of platforms the OS supports, and in how it's built and how its component software is packaged.

FreeBSD 15 has significantly reduced support for 32-bit platforms. Compared to FreeBSD 14 in 2023, there are no longer builds for x86-32, POWER, or ARM-v6. As the release notes put it:

"The venerable 32-bit hardware platforms i386, armv6, and 32-bit powerpc have been retired. 32-bit application support lives on via the 32-bit compatibility mode in their respective 64-bit platforms. The armv7 platform remains as the last supported 32-bit platform. We thank them for their service."

Now FreeBSD supports five CPU architectures — two Tier-1 platforms, x86-64 and AArch64, and three Tier-2 platforms, armv7 and up, powerpc64le, and riscv64.

Arguably, it's time. AMD's first 64-bit chips started shipping 22 years ago. Intel launched the original x86 chip, the 8086 in 1978. These days, 64-bit is nearly as old as the entire Intel 80x86 platform was when the 64-bit versions first appeared. In comparison, a few months ago, Debian 13 also dropped its x86-32 edition — six years after Canonical launched its first x86-64-only distro, Ubuntu 19.10.

Another significant change is that this is the first version built under the new pkgbase system, although it's still experimental and optional for now. If you opt for a pkgbase installation, then the core OS itself is installed from multiple separate software packages, meaning that the whole system can be updated using the package manager. Over in the Linux world, this is the norm, but Linux is a very different beast... The plan is that by FreeBSD 16, scheduled for December 2027, the restructure will be complete, the old distribution sets will be removed, and the current freebsd-update command and its associated infrastructure can be turned off.

Another significant change is reproducible builds, a milestone the project reached in late October. This change is part of a multi-project initiative toward ensuring deterministic compilation: to be able to demonstrate that a certain set of source files and compilation directives is guaranteed to produce identical binaries, as a countermeasure against compromised code. A handy side-effect is that building the whole OS, including installation media images, no longer needs root access.

There are of course other new features. Lots of drivers and subsystems have been updated, and this release has better power management, including suspend and resume. There's improved wireless networking, with support for more Wi-Fi chipsets and faster wireless standards, plus updated graphics drivers... The release announcement calls out the inclusion of OpenZFS 2.4.0-rc4, OpenSSL 3.5.4, and OpenSSH 10.0 p2, and notes the inclusion of some new quantum-resistant encryption systems...

In general, we found FreeBSD 15 easier and less complicated to work with than either of the previous major releases. It should be easier on servers too. The new OCI container support in FreeBSD 14.2, which we wrote about a year ago, is more mature now. FreeBSD has its own version of Podman, and you can run Linux containers on FreeBSD. This means you can use Docker commands and tools, which are familiar to many more developers than FreeBSD's native Jail system.

"FreeBSD has its own place in servers and the public cloud, but it's getting easier to run it as a desktop OS as well," the article concludes. "It can run all the main Linux desktops, including GNOME on Wayland."

"There's no systemd here, and never will be — and no Flatpak or Snap either, for that matter.

Micron is shutting down its Crucial consumer RAM business in 2026 after nearly three decades, citing heavy demand from AI data centers. "The AI-driven growth in the data center has led to a surge in demand for memory and storage," Sumit Sadana, EVP and chief business officer at Micron Technology, said in a statement. "Micron has made the difficult decision to exit the Crucial consumer business in order to improve supply and support for our larger, strategic customers in faster-growing segments." Ars Technica reports: Micron said it will continue shipping Crucial consumer products through the end of its fiscal second quarter in February 2026 and will honor warranties on existing products. The company will continue selling Micron-branded enterprise products to commercial customers and plans to redeploy affected employees to other positions within the company.

Crucial launched in 1996 during the Pentium era as Micron's consumer brand for RAM and storage upgrades. Over the years, the brand expanded to encompass other memory-related products such as SSDs, flash memory cards, and portable storage drives. Micron Technology has been manufacturing RAM since 1981.

Last week, Google surprised the tech world when it announced AirDrop support on Pixel 10 devices -- all without Apple's involvement. "While it initially seemed like this was a rogue move made by Google to coerce Apple into another boundary-breaking decision, it might actually be part of the repercussions that also led to USB-C on iPhone and the adoption of RCS," reports 9to5Google. From a report: As reported by Ars Technica, the answer to this week's mysterious Quick Share upgrade lies in the EU's interoperability requirements designed for the DMA. The ruling out of the European Commission pushed Apple to begin supporting interoperable wireless standards beginning with this year's set of OS upgrades, replacing the previous proprietary standard the company used to power its various Continuity features. That forced Apple to add support for the Wi-Fi Alliance's Wi-Fi Aware standard of multi-directional file sharing, at the cost of completely phasing out its previous walled-in protocol.

Apple's next major iPhone software update will prioritize stability and performance over flashy new features, according to Bloomberg's Mark Gurman, who reports that iOS 27 is being developed as a "Snow Leopard-style" release [non-paywalled source] focused on fixing bugs, removing bloat and improving underlying code after this year's sweeping Liquid Glass design overhaul in iOS 26.

Engineering teams are currently combing through Apple's operating systems to eliminate unnecessary code and address quality issues that users have reported since iOS 26's September release. Those complaints include device overheating, unexplained battery drain, user interface glitches, keyboard failures, cellular connectivity problems, app crashes, and sluggish animations.

iOS 27 won't be feature-free. Apple plans several AI additions: a health-focused AI agent tied to a Health+ subscription, expanded AI-powered web search meant to compete with ChatGPT and Perplexity, and deeper AI integration across apps. The company has also been internally testing a chatbot app called Veritas as a proving ground for its re-architected Siri, though a standalone chatbot product isn't currently planned.

Blender 5.0 has been released with major upgrades including HDR and wide-gamut color support on Linux via Wayland/Vulkan, significant theme and UI improvements, new color-space tools, revamped curve and geometry features, and expanded hardware requirements. 9to5Linux reports: Blender 5.0 also introduces a working color space for Blend files, a new AgX HDR view, a new Convert to Display compositor node, new Rec.2100-PQ and Rec.2100-HLG displays that can be used for color grading for HDR video export, and new ACES 1.3 and 2.0 views as an alternative to AgX and Filmic.

A new "Jump Time by Delta" operator for jumping forward/backward in time by a user-specified delta has been introduced as well, along with a revamped Curve drawing, which better supports the new Curves object type and all of their features, and a new Geometry Attribute constraint.

Also new is a "Cylinder" option for curve display type that allows rendering thicker curves without the flat ribbon appearance, support for the Zstd (Zstandard) fast lossless compression algorithm for point caches, as well as a new "Curve Data" panel in edit mode that allows tweaking built-in curve attribute values. A full list of changes can be found here. You can download from the official website.

Residential utility bills in America "rose 6% on average nationwide in August compared with the same period in the previous year," reports CNBC, citing statistics from the U.S. Energy Information Administration: The reasons for price increases are often complex and vary by region. But in at least three states with high concentrations of data centers, electric bills climbed much faster than the national average during that period. Prices, for example, surged by 13% in Virginia, 16% in Illinois and 12% in Ohio.

The tech companies and AI labs are building data centers that consume a gigawatt or more of electricity in some cases, equivalent to more than 800,000 homes, the size of a city essentially... "The techlash is real," said Abraham Silverman, who served as general counsel for New Jersey's public utility board from 2019 until 2023 under outgoing Democratic Gov. Phil Murphy. "Data centers aren't always great neighbors," said Silverman, now a researcher at Johns Hopkins University. "They tend to be loud, they can be dirty and there's a number of communities, particularly in places with really high concentrations of data centers, that just don't want more data centers..." [C]apacity prices get passed down to consumers in their utility bills, Silverman said. The data center load in PJM [America's largest grid, serving 13 states] is also impacting prices in states that are not industry leaders such as New Jersey, where prices jumped about 20% year over year...

There are other reasons for rising electricity prices, Silverman said. The aging electric grid needs upgrades at a time of broad inflation and the cost of building new transmission lines has gone up by double digits, he said. The utilities also point to rising demand from the expansion of domestic manufacturing and the broader electrification of the economy, such as electric vehicles and the adoption of electric heat pumps in some regions...

In other states, however, the relationship between rising electricity prices and data centers is less clear. Texas, for example, is second only to Virginia with more than 400 data centers. But prices in the Lone Star state increased about 4% year over year in August, lower than the national average. Texas operates its own grid, ERCOT, with a relatively fast process that can connect new electric supply to the grid in around three years, according to a February 2024 report from the Brattle Group. California, meanwhile, has the third most data centers in the nation and the second highest residential electricity prices, nearly 80% above the national average. But prices in the Golden State increased about 1% in August 2024 over the prior year period, far below the average hike nationwide. One of the reasons California's electricity rates are so much higher than most of the country is the costs associated with preventing wildfires.

In 2022 the iPhone 14 featured emergency satellite service, and there's now support for roadside assistance and the ability to send and receive text messages.

But for future iPhones, Apple is now reportedly working on five new satellite features, reports LiveMint: As per Bloomberg's Mark Gurman, Apple is building an API that would allow developers to add satellite connections to their own apps. However, the implementation is said to depend on app makers, and not every feature or service may be compatible with this system. The iPhone maker is also reportedly working on bringing satellite connectivity to Apple Maps, which would give users the chance to navigate without having access to a SIM card or Wi-Fi. The company is also said to be working on improved satellite messages that could support sending photos and not be limited to just text messages. Apple currently relies on the satellite network run by Globalstar to power current features on iPhones. However, the company is said to be exploring a potential sale, and Elon Musk's SpaceX could be a possible purchaser.
The Mac Observer notes Bloomberg also reported Apple "has discussed building its own satellite service instead of depending on partners." And while some Apple executives pushed back, "the company continues to fund satellite research and infrastructure upgrades with the goal of offering a broader range of features."

And "Future iPhones will use satellite links to extend 5G coverage in low-signal regions, ensuring that users remain connected even when cell towers are out of range.... Apple's slow but steady progress shows how the company wants iPhone satellite technology to move from emergency use to everyday convenience."

American manufacturing's postwar boom from the 1940s through the 1970s resulted from conditions that cannot be recreated, a story on WSJ argues. Global competitors had been destroyed by war. Energy was cheap. Unions could demand concessions without fearing job losses to foreign rivals.

Strikes were frequent in steel, auto, trucking, rubber and coal mining. That relentless pressure from an organized working class raised real wages and created fringe benefits including health insurance and retirement pay. Government support for unions kept executive salaries at just a few times median income. Stock buybacks were illegal or frowned upon. President Eisenhower declared at the 1956 dedication of the AFL-CIO national headquarters that "Labor is the United States."

The system began unraveling by the mid-1960s. The Vietnam War drained federal coffers. Inflation accelerated as government deficits exploded. Nixon abandoned the gold standard in 1971, unleashing currency volatility. The 1973 OPEC oil embargo quadrupled energy prices. Foreign competition returned from Japan, Korea and West Germany. American companies carried mounting legacy costs like pensions that discouraged investment in upgrades and research.

Milton Friedman declared in a 1970 New York Times essay that the social responsibility of business is to increase its profits. Clinton signed NAFTA in 1993 and championed the World Trade Organization in 1995. Bethlehem Steel employed around 150,000 people in the mid-1950s. The company filed for bankruptcy in 2001. Its former hometown plant in Bethlehem, Pa., is now a casino.

Australia's new "solar sharer" program will give households in NSW, south-east Queensland, and South Australia at least three hours of free solar power each day starting in 2026 -- even for those without rooftop panels. Other areas will potentially follow in 2027. The Guardian reports: The government said Australians could schedule appliances such as washing machines, dishwashers and air conditioners and charge electric vehicles and household batteries during this time. The solar sharer scheme would be implemented through a change to the default market offer that sets the maximum price retailers can charge customers for electricity in parts of the country. The climate change and energy minister, Chris Bowen, said the program would ensure "every last ray of sunshine was powering our homes" instead of some solar energy being wasted.

Australians have installed more than 4m solar systems and there is regularly cheap excess generation in the middle of the day. Part of the rationale for the program is that it could shift demand for electricity from peak times -- particularly early in the evening -- to when it is sunniest. This could help minimize peak electricity prices and reduce the need for network upgrades and intervention to ensure the power grid was stable.

"Ubuntu's decision to switch to Rust-based coreutils in 25.10 hasn't been the smoothest ride," writes the blog OMG Ubuntu, "as the latest — albeit now resolved — bug underscores." [Coreutils] are used by a number of processes, apps and scripts, including Ubuntu's own unattended-upgrades process, which automatically checks for new software updates. Alas, the Rust-based version of date had a bug which meant Ubuntu 25.10 desktops, servers, cloud and container images were not able to automatically check for updates when configured. Unattended-upgrades hooks into the date utility to check the timestamp of a reference file of when an update check was last run and, past a certain date, checks again. But date was incorrectly showing the current date, always.

A fix has been issued so only Ubuntu 25.10 installs withrust-coreutils 0.2.2-0ubuntu2 (or earlier) are affected.

darwinmac writes: Ubuntu Unity is staring at a possible shutdown. A community moderator has gone public pleading for help, admitting the project is "broken and needs to be fixed." Neowin reports the distro is suffering from critical bugs so severe that upgrades from 25.04 to 25.10 are failing and even fresh installs are hit. The moderator admits they lack the technical skill or time to perform a full rescue and is asking the broader community, including devs, testers, and UI designers, to step in so Ubuntu Unity can reach 26.04 LTS. If no one steps in soon, this community flavor might quietly fade away once more.

"Clippy, the animated paper clip that annoyed Microsoft Office users nearly three decades ago, might have just been ahead of its time," writes the Associated Press: Microsoft introduced a new artificial intelligence character called Mico (pronounced MEE'koh) on Thursday, a floating cartoon face shaped like a blob or flame that will embody the software giant's Copilot virtual assistant and marks the latest attempt by tech companies to imbue their AI chatbots with more of a personality... "When you talk about something sad, you can see Mico's face change. You can see it dance around and move as it gets excited with you," said Jacob Andreou, corporate vice president of product and growth for Microsoft AI, in an interview with The Associated Press. "It's in this effort of really landing this AI companion that you can really feel."

In the U.S. only so far, Copilot users on laptops and phone apps can speak to Mico, which changes colors, spins around and wears glasses when in "study" mode. It's also easy to shut off, which is a big difference from Microsoft's Clippit, better known as Clippy and infamous for its persistence in offering advice on word processing tools when it first appeared on desktop screens in 1997. "It was not well-attuned to user needs at the time," said Bryan Reimer, a research scientist at the Massachusetts Institute of Technology. "Microsoft pushed it, we resisted it and they got rid of it. I think we're much more ready for things like that today..."

Microsoft's product releases Thursday include a new option to invite Copilot into a group chat, an idea that resembles how AI has been integrated into social media platforms like Snapchat, where Andreou used to work, or Meta's WhatsApp and Instagram. But Andreou said those interactions have often involved bringing in AI as a joke to "troll your friends," in contrast to Microsoft's designs for an "intensely collaborative" AI-assisted workplace.

An anonymous reader quotes a report from the Financial Times: A lot of critical financial and government infrastructure runs on Cobol. The more-than-60-year-old mainframe coding language is embedded into payments and transaction rails, even though there are very few Cobol-literate coders available to maintain them. The big argument in favor of sticking with Cobol systems is that they work. The catch is that, whenever they stop working, it is difficult to figure out why. That's not good in a crisis, which is exactly when they're most likely to break. Covid-19 put a lot of strain the US state benefit systems.

The ones that used Cobol for processing unemployment claims failed spectacularly, according to a new working paper from The Atlanta Fed: "States that used an antiquated [unemployment insurance]-benefit system experienced a 2.8 percentage point decline in total credit and debit card consumption relative to card consumption in states with more modern UI benefit systems. [...] Using this estimate in a back-of-the-envelope calculation, I find that the lack of investment in updating UI-benefit systems in COBOL states was associated with a reduction in real GDP of at least $40 billion (in 2019 dollars) lower during this [March 13 2020 to year-end] period

The paper uses Cobol as a proxy for old and inefficient IT, not the direct cause of failure. Claimants faced much longer delays in the 28 states that still used Cobol in 2020, both because of the unprecedented volume of claims and the difficulty updating systems with new eligibility rules, author Michael Navarrete finds. [...] As an aside, one oddity of the data is that Republican-controlled states were more likely to have replaced old IT systems, even though their standard unemployment insurance payments are lower on average. Why? Absolutely no idea, but here are the maps. And, once adjusted for state politics, here's the key finding.