IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...
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 ...
Safe coding is a collection of software design practices and patterns that allow for cost-effectively achieving a high degree ...
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 ...
Asian American Hotel Owners Association (AAHOA), the world's largest hotel owners association representing more than 60% of hotels in the United States, today announced Mews as its official Property ...
In a major shift in its hardware strategy, OpenAI launched GPT-5.3-Codex-Spark, its first production AI model deployed on ...
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 ...
IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
The first step to becoming a genuinely empowering leader by Frances X. Frei and Anne Morriss On a spring afternoon in 2017, Travis Kalanick, then the CEO of Uber, walked into a conference room at the ...
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IBM Stock Plunges 13% After Anthropic AI Challenges Core Business
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline..
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