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

More than 670 cooperative banks in Germany, representing some 91 million accounts, depend on Atruvia for the IT that runs their business. As banks looked to comply with the heightened security and ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns ...

Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by ...

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...

IBM shares fell sharply after Anthropic said its AI coding tools could accelerate COBOL modernization, raising concerns about ...

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

Yet IBM, known as Big Blue, has become the latest US tech giant to be suffering from AI jitters. Its stock dropped 13pc on ...

Celebrating Ten Years of Innovation, Leadership, and Lasting Impact Bert’s decade of contributions has shaped Ring in ...

Founded in 1869, Goldman Sachs is the world’s second-largest investment bank by revenue and is ranked 55th on the Fortune 500 ...

After Anthropic introduced a tool for automating time-consuming COBOL modernization, IBM's stock plummeted over 13 percent.

IBM's share price plunged 13% by the closing bell on Tuesday, but the analysts at Wedbush label the sell-off as unwarranted, ...