IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Mehran University of Engineering and Technology (MUET), Jamshoro, and the Sindh Department of Science and Information Technology distributed certificates among 1,500 successful students who completed ...

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 ...

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

ECONOMYNEXT – The head of a Sri Lankan e-commerce platform said the company achieved significant reductions in operational costs due to AI implementation.

ECONOMYNEXT – The head of a Sri Lankan e-commerce platform said the company achieved significant reductions in operational costs due to AI implementation.

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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 ...

Researchers discover microplastics in East Java's rainwater, natural springs, and even human amniotic fluid. Experts urge the ...