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 ...
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Mamdani names new Department of Correction commissioner

Mayor Zohran Mamdani appointed Stanley Richards as the new commissioner of the city’s Department of Correction on Saturday. Richards will become the first formerly incarcerated person to lead the city ...