Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

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

What is COBOL, the high-level programming language that is behind biggest-ever fall in IBM stock value

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 May Not Be A Bubble, But Creative Destruction

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

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

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

Asean News Headlines at 10pm on Thursday (Feb 26, 2026)

Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Thursday (Feb 26, 2026) ...