IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

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

IBM's Anthropic-induced sell-off overlooks the fact it's disrupting itself: Jefferies

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.
Asianet Newsable on MSN

IBM defends after 13% Anthropic-fueled stock drop: ‘New AI tools emerge every week,’ Cobol modernization challenges remain

Anthropic unveiled new Claude functionality that can modernize COBOL code faster at scale, triggering a sharp drop in IBM stock on Monday.
ITV

How people in Gaza are finding solace in sport after more than two years of war

Mon 16 Feb 4.02pm • Amidst the ruins of Gaza, debris has been cleared to make way for five-a-side pitches whilst members of a swimming club return to the sea.