Explained | What is COBOL? How an Anthropic Claude blog wiped $30 billion off IBM in a single session

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

What is Claude Code Security? The new Anthropic AI tool that wiped billions off cybersecurity stocks

Anthropic has launched Claude Code Security, an AI tool that scans code for vulnerabilities and suggests patches. The newtool ...

IBM is the latest AI casualty. Shares tank 13% on Anthropic programming language threat

COBOL is a computer language used for business data processing and IBM is a leader in that area.

Salesforce climbs on earnings beat as company commits $50 billion for buybacks

Salesforce posted accelerating growth and pushed up its long-range revenue target thanks to a recent acquisition.

Discord distances itself from Peter Thiel–backed verification software after its code was found on a Google Cloud endpoint

Discord cut ties with its age-verification partner after exposed code fueled federal-reporting concerns, months after a ...
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The AI-Powered Hacking Spree Is Here

It turns out AI-coding tools are useful to criminals, too.

Anthropic's new AI tool can write 67-year-old COBOL code, sending 115-year-old IBM's stock tumbling by 13% — IBM stock has worst day in 26 years, down 25% Mo…

Besides being an absolute pain to deal with, they all rely on COBOL and IBM mainframe computers as core infrastructure. The ...

IBM share price falls 13% as Anthropic says Claude can streamline COBOL code: Why did it trigger crash among Indian IT stocks?

COBOL remains a critical language for many Indian IT companies, particularly those supporting global banking, insurance, and ...