[christop]

That seems reasonable, but the new name is already in wide use in software/hardware. Even outside, its dictionary definition is "a defect or malfunction in a machine or plan".

That seems like an odd choice, though the blog seems to suggest it's because everyone will be fixing each other's bugs.

[tedmiston]

Well, Stack Overflow, probably felt like an odd choice at the time too.

[ProblemFactory]

StackOverflow was named by a public vote: https://blog.codinghorror.com/help-name-our-website/