A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything you need to know about COBOL and the now viral blog from Anthropic ...

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a ...

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 ...

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

Programming languages don't often make national headlines. But New Jersey governor Phil Murphy's plea earlier this month for developers familiar with the 60-year-old programming language Cobol to help ...

IBM shares plummeted over 13% on Monday, marking their worst single-day fall in over two decades. This sharp decline followed ...