AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

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

IBM just got hit with one of its worst single-day drops in years. Shares fell over 13.2% on Feb. 23, 2026, closing at $223.35 ...

International Business Machines' stock is the latest big software loser that can trace its selloff to fears over new ...

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

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

The FBI warned that Americans lost more than $20 million last year amid a massive surge in ATM "jackpotting" attacks, in ...

A flash alert published on Thursday by the FBI warns of an increase in malware-enabled ATM jackpotting attacks in the United ...