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.
In recent weeks, Google announced an agentic Universal Commerce Protocol (UCP) to eliminate the need for retailers to ...
The Register on MSN
IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...
A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...
Overview: The right Java books build strong fundamentals and improve coding confidence.Combine Core Java basics with ...
IBM stock has tumbled 20.6% in three months after Anthropic's Claude Code threatened its legacy COBOL moat - can hybrid cloud and watsonx offset the risk?
On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.
Continuous Unit Testing in 2026 Applying Continuous Testing to Real Codebases Software development in 2026 moves at a pace that would have been difficult to imagine only a few years ago. Release ...
A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
I would not give a fig for the simplicity this side of complexity, but I would give my life for the simplicity on the other side of complexity.” — Olliver Wendell Holmes We seem to appreciate simple ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results