IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

Safe coding is a collection of software design practices and patterns that allow for cost-effectively achieving a high degree ...

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

BRUSSELS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The Eclipse Foundation, one of the world’s largest open source software organisations, has announced the full agenda for Open Community Experience (OCX 2026 ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Europe's cross-industry open source event expands with five high-impact collocated communities across AI, automotive, compliance, research, and toolingBRUSSELS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The E ...

Asian American Hotel Owners Association (AAHOA), the world's largest hotel owners association representing more than 60% of hotels in the United States, today announced Mews as its official Property ...

The first step to becoming a genuinely empowering leader by Frances X. Frei and Anne Morriss On a spring afternoon in 2017, Travis Kalanick, then the CEO of Uber, walked into a conference room at the ...

Leadership at Ellah Lakes characterised the public offer as an ambitious attempt to harness capital markets to fund growth, but investor appetite did not align with those expectations. The public ...