Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old ...

Well, let's get started, guys. Thank you very much for joining us. Welcome to day 2 of the flagship TMT Conference. My name is Erik Woodring. I lead the U.S. IT hardware coverage here. I am delighted ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo AI-generated summary reviewed by our newsroom. Read our AI ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo Anthropic’s Claude Code post wiped about $30B off IBM’s ...

International Business Machines is insulated from AI disruption due to its mission-critical, deeply integrated enterprise software and hardware solutions. IBM's mainframes and core systems remain ...

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...

The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...

Securities.io maintains rigorous editorial standards and may receive compensation from reviewed links. We are not a registered investment adviser and this is not investment advice. Please view our ...

Shares of International Business Machines recorded their steepest daily drop in more ‌than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be ‌used to modernize a ...

IBM shares post biggest drop in 20+ years after Anthropic AI update. Investors fear AI tools could erode the value of IBM’s COBOL-based business. Analysts argue the reaction overlooks IBM’s own AI ...