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

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic. International Business Machines' stock is the latest big software loser ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

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 ...

The United Arab Emirates has announced the Eid Al Fitr holiday schedule for employees in federal and private sectors.

Head of BPJPH Ahmad Haikal Hasan urged the public not to doubt American products entering Indonesia following the trade ...

Over the weekend, 28-year-old dancer and reality TV star Brooke Hyland married Brian Thalman, with many of her former co-stars in attendance.