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

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

IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe and legacy IT services revenue stream tied to the ageing programming ...

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...

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 ...

ECONOMYNEXT – The head of a Sri Lankan e-commerce platform said the company achieved significant reductions in operational ...

The United Nations Development Programme (UNDP) and UN Capital Development Fund (UNCDF) is helping Sri Lanka design a crisis ...

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 ...

The Detroit project envisioned using JavaScript as an extension language for Java applications. Now it’s being revived with ...

Java Development Kit (JDK) 26, a planned update to standard Java due March 17, 2026, has reached its second release candidate (RC) stage. The RC is open for critical bug fixes, with the feature set ...

Researchers discover microplastics in East Java's rainwater, natural springs, and even human amniotic fluid. Experts urge the ...

The government plans to build integrated poultry farms to support the free nutritious meal program. The execution is in ...