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 ...

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

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

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

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

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

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

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 ...

713,502 bitcoin holdings at a total cost of $54.26 billion, or $76,052 per bitcoin 22.8% BTC Yield achieved in FY2025 Capital Markets Highlights Largest US equity issuer in FY2025, representing ~8% of ...

LONDON and NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO), a clinical-stage biopharmaceutical company developing investigational therapies for the treatment of ...

MINNEAPOLIS, MINNESOTA / ACCESS Newswire / February 13, 2026 / Air T, Inc. (NASDAQ:AIRT) today announced its intention to raise additional capital through the company's outstanding trust preferred ...