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.

IBM just got hit with one of its worst single-day drops in years. Shares fell over 13.2% on Feb. 23, 2026, closing at $223.35 ...

This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic.

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

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 ...

Burglars stole an ATM from a bar in Chicago's Little Village neighborhood early Wednesday morning.

The FBI said 700 ATM "jackpotting" incidents occurred in 2025 alone and accounted for over $20 million in losses.

Malware-wielding criminals "jackpotted" ATMs across the United States last year to walk away with $20 million thanks to "cash-out" attacks.