Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
If you’re among the more than 1 million people who make Nike’s sneakers and apparel around the world, the company says you should be able to support your family. You should earn enough to pay your ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core mainframe business. This AI advancement could compress years-long, costly ...
From the browser to the back end, the ‘boring’ choice is exciting again. We look at three trends converging to bring SQL back ...
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 ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
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 ...
IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic.
Microsoft CEO Satya Nadella has offered Xbox staff words of reassurance following the exit of previous gaming boss Phil Spencer. Last month, Microsoft announced a huge shakeup at its gaming business, ...
A blog post by Anthropic pointing out that Claude Code can refactor legacy COBOL applications appears to have sent IBM’s share price down by double ...