US Stock Market: IBM shares slide after software weakness clouds Q1 resultsIBM shares fell in after-hours trading after its Q1 results signalled a slowdown in revenue growth, particularly in its software division. ...
23 Apr, 2026, 10.21 AM IST
Frightful February for IT stocks: How Anthropic’s 6 AI tools sparked a multi-billion dollar meltdown in 4 weeksIndian IT stocks have seen a sharp downturn in February, with the Nifty IT index dropping 21%. This decline was triggered by new AI launche...
26 Feb, 2026, 10.01 AM IST
ETtech Explainer: Decoding Anthropic’s Claude Code update that triggered IBM selloffA single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market value. COBOL, a...
25 Feb, 2026, 07.49 AM IST
Markets tumble with IT shares hit by renewed anxiety over AI impactAI company Anthropic's blog post triggered a significant sell-off in Indian IT stocks, causing benchmark indices to fall sharply. The Nifty...
25 Feb, 2026, 06.39 AM IST
IBM stock crash: How a single blog post wiped $30 billion off IBM’s market value in one afternoon - here's what rattled investorsIBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop...
24 Feb, 2026, 05.26 PM IST
AI coming for cybersecurity too? Anthropic fear hits another corner of Indian stock marketCybersecurity stocks in India and the US fell sharply after Anthropic launched Claude Code Security, raising concerns about AI-driven disru...
24 Feb, 2026, 11.50 AM IST
4 Vijay Kedia stocks crash up to 20% on fears of AI-led disruptionShares of four companies backed by ace investor Vijay Kedia tumbled up to 20% on Tuesday after investors reacted to AI startup Anthropic’s ...
24 Feb, 2026, 11.47 AM IST
IBM shares sink 13%, record steepest drop in 25 years after Anthropic says AI can modernise COBOLShares of IBM plunged 13.2% Monday, marking their steepest single-day drop in over 25 years, after AI startup Anthropic said its Claude Cod...
24 Feb, 2026, 11.20 AM IST
Infosys, HCL Tech, TCS, other IT stocks fall up to 3% as Anthropic delivers new shockIT stocks like TCS, Infosys, and HCL Technologies experienced significant selling pressure following Anthropic's announcement of its Claude...
24 Feb, 2026, 10.22 AM IST
US Stocks | IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOLIBM shares plummeted over 13% on Monday, marking their worst single-day fall in over two decades. This sharp decline followed AI startup An...
24 Feb, 2026, 08.40 AM IST
IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOLShares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic sa...
24 Feb, 2026, 08.28 AM IST
Grace Hopper Found the First Computer “Bug”- a Real OneA literal moth found in a 1947 computer led Rear Admiral Grace Hopper to coin the term "debugging." This incident, though humorous, highlig...
13 Feb, 2026, 03.41 PM IST
'Twilight is real': Why Elon Musk said 100 to 300-year-old 'vampires' are collecting Social Security in USThe Trump administration falsely claims that millions of people over 100 years old are receiving Social Security payments. Reports show tha...
19 Feb, 2025, 03.33 PM IST
All about 'old' IT skills: Why Indian techies don't need to panic just yetExperts say demand for 'old' IT skills that techies have here are unlikely to wither away anytime soon.
27 Oct, 2018, 01.14 PM IST
While the world struggles with tech shift, Indian IT ups hires for old software expertsGlobally, large enterprises and banks are struggling with technology shifts that require their applications built for desktops to be access...
18 Sep, 2018, 09.02 AM IST
- UK tax dept taps Capgemini to bring down costs
UK’s tax authority, HM Revenue & Customs, is set to start an offshore outsourcing pilot in India with technology vendor Capgemini to reduce...
31 Mar, 2010, 01.45 AM IST
- UK tax authority begins offshore outsourcing pilot in India
This offshoring pilot is launched to reduce operational costs and explore ways to do more with its annual IT budget. Latest buzz in IT indu...
30 Mar, 2010, 06.01 AM IST