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COBOL DEVELOPERS
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
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. ...
Billdesk, Upgrad acquisitions; Anthropic's advances: an opportunityHappy Thursday! Billdesk is set to acquire Worldline's India business, while Upgrad has bought a majority stake in Internshala. This and mo...
India not behind in AI race, must focus on deployment: IBM CEO Arvind KrishnaIn an interview with ET, IBM CEO Arvind Krishna shrugged off IBM’s 13% stock drop after an Anthropic blog post suggested its AI tool could ...
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...
IBM stock falls 13.1% after Anthropic posts how Claude Code can be used to modernize COBOLIBM stock fell sharply after AI company Anthropic shared an update about its Claude Code system. The AI can help companies understand and u...
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...
Stock market crash: Investors lose Rs 3 lakh crore as Sensex plunges 1,069 pts. 6 factors why stock market fell todayStock Market Crash Today: Indian benchmark indices Nifty 50 and BSE Sensex experienced a sharp decline on Tuesday, with IT and auto stocks ...
Explained: How IBM’s 13% plunge on Anthropic’s COBOL disruption fears sparked bloodbath in TCS, Infosys, Wipro & other IT stocksIBM Share Price and Anthropic AI Impact: IT stocks slumped on February 24, falling up to 8%, after IBM plunged 13% on Wall Street—its worst...
AI transition to be painful for IT industry as it involves humans: HCLTech CEOAmid widespread concerns on jobs and the relevance of the nearly $300 billion India IT services sector, a key industry leader on Tuesday sa...
'Bas Karo Yaar. Limit Hoti Hai': Fund manager slams AI doomsday narrative for IT services and recession predictionIndian IT stocks face selling pressure amid fears of AI automation. Experts debate AI's disruptive potential, with some calling the alarmis...
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...
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 ...
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...
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...
Benami law: I-T attaches posh Delhi bungalow, FDI funds of Ratul Puri, fatherThe bungalow is in the name of a firm of the Moser Baer group, owned and promoted by Ratul Puri's father Deepak Puri.
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...
My first year at work- healthy working relations are imperativeThe first job is always special and this was an exciting period for me, soaking up all there was to learn, says Harishankaran Karunanidhi, ...
- Micro Focus to launch training prog to push software applications
Micro Focus, a UK-based ISV (independent software vendor), plans to launch training and awareness programmes to push COBOL applications amo...