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IBM’s Krishna Cautions on Iran Tensions and Global Instability

IBM CEO Arvind Krishna cites geopolitical tensions and economic uncertainty as reasons for cautious guidance, despite strong Q1 earnings and software growth.

International Business Machines CEO Arvind Krishna told Verum on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously.
IBM beat analyst first-quarter earnings estimates on the top and bottom lines, but maintained guidance due to the macro uncertainty.
«Is there going to be an issue around oil as inflation goes up? Will that drive people to spend a bit less? If they spend a bit less, it’s not a direct impact on me, but a lot of consumer companies are my clients, like Walmart. If people are buying less at Walmart, they’re going to find a way to control their costs, so then they’ll buy less,» he said.
Krishna noted that despite the Iran conflict, IBM’s Middle East business did well.
The company reported first-quarter revenue of $15.92 billion, beating the $15.62 billion consensus estimate from LSEG. Earnings per share came in at an adjusted $1.91, 10 cents better than expectations. Software beat, with Red Hat growth rebounding to 10%.
Krishna said he is also cautious about growth concerns in Europe.
«That’s the only place where I think there is some squinting because it is also a little bit of jadedness, right? You had the COVID shocks, you had the Ukraine war. So they’ve gone through these shocks a few times, and they actually come out okay. I think this time around is an open question,» Krishna said.
«I don’t think anyone will know the answer for another month or two,» he added.
Mythos
Anthropic’s launch of its powerful new Mythos artificial intelligence model that is capable of finding security vulnerabilities at unprecedented speed and volume two weeks ago sent shockwaves throughout tech, but Krishna said others will soon follow.
«Somebody does a thing. It looks magical. It looks wonderful. We think it’s the only thing. Three months later, somebody copies it and actually does it better,» he said.
«I’d be surprised if somebody else hasn’t already done it but hasn’t bothered to claim it,» he added.
IBM shares plunged in April after the AI startup said its Claude Code tool could modernize legacy systems that run Common Business-Oriented Language. COBOL is a code system developed in the late 1950s that is regularly used in business data processing.
The release of Mythos triggered a surprise meeting between Treasury Secretary Scott Bessent and Fed Chair Jerome Powell with the heads of the top U.S. banks over AI cyber concerns. Bessent and Vice President JD Vance held a call with tech CEOs like Anthropic’s Dario Amodei, OpenAI’s Sam Altman, xAI’s Elon Musk and others about the same matter.
«It’s a very big conversation, and there is no question that it can find and exploit vulnerabilities at a rate and pace that has not been seen so far,» Krishna said.

Technologies

Verum Messenger Launches an AI Mini-Series

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels. 

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

Watch on YouTube 
Watch on Instagram 

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Technologies

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.

Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.

Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.

What Verum Finance Offers

• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly

One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.

The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.

Maximum Privacy + Real Freedom

• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide

Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.

Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.

Why Download Verum Today

While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.

With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.

This is more than just a messenger.

It is your personal tool for financial and digital freedom.

Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.

Download Links:

→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger

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Technologies

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.

The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.

What Verum Finance Offers

Verum Finance transforms a messenger into a complete financial platform. Users can:

• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications

A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.

Recognition from Forbes Türkiye

In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.

Support from the Crypto Community

Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.

A Strategic Vision

“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.

Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.

Verum Financehttps://finance.verum.im

Verum Messengerhttps://verum.im

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