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IBM business model at risk? Anthropic's Claude can modernise COBOL code; stocks fall 13%
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 ...
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
Recently, Rosan Roeslani, CEO of Indonesia's sovereign wealth fund Danatara, announced the official launch of six natural ...
As of late November 2024, the US Food & Drug Administration had recorded 46 voluntary drug recalls in the United States during the year, down slightly from previous years – an indication that ...
Batch trading involves processing large groups of orders simultaneously. Discover how it optimizes efficiency in stock ...
Pinterest launched a next-generation CDC-based database ingestion framework using Kafka, Flink, Spark, and Iceberg. The system reduces data availability latency from 24+ hours to 15 minutes, processes ...
The Centers for Medicare and Medicaid Services (CMS) has revealed the prices for the second batch of 15 drugs going through Medicare's negotiation process, promising a 44% cut that will save around ...
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