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IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
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The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...
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IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
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 ...
Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding libraries, though productivity gains were not statistically significant. Those ...
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BRUSSELS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The Eclipse Foundation, one of the world’s largest open source software organisations, has announced the full agenda for Open Community Experience (OCX 2026 ...
Europe's cross-industry open source event expands with five high-impact collocated communities across AI, automotive, compliance, research, and toolingBRUSSELS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The E ...
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