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

IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol, ...

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 ...

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

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

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

Every conversation I have with enterprise leaders today carries an unmistakable urgency about AI transformation. The economics have changed, possibilities have expanded dramatically, and the pressure ...

To meet the highest standards in that effort, he acknowledged that he had allowed Danantara to recruit foreign nationals, or expatriates, to lead state-owned enterprises (SOEs). “We want the best ...