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 ...

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

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

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

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.

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Regally-bred Souper Landslide runs off to a two-length victory in her turf debut at Gulfstream Park on Thursday.

The waste management program involving universities in Bandung City is part of the appointment of five regions as a pilot ...

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