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 ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
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IBM Stock Plunges 13% After Anthropic AI Challenges Core Business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..
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 ...
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 ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...
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 ...
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 ...
FLORIDA — Millions of SNAP recipients across the country are seeing a change in the amount of their benefits with the end of Emergency Supplemental Nutrition Assistance Program (SNAP) allotments.
AI-powered platform adds Identification Support for 1M+ Football Cards to 4M Baseball Catalog; adds $199.95 Ultra tier.
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