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COBOL LANGUAGE
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...
- New Nasscom chair flags AI-led structural shiftThe Indian technology sector faces major changes due to AI. Srikanth Velamakanni, the new Nasscom chairperson, highlights both challenges l...
- 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. ...
- IBM revenue growth slows on AI worries; shares fallIBM's first-quarter revenue growth slowed to 9%, raising concerns about AI's impact on its software business, particularly after a rival to...
- 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...
- 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...
- 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...
- 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 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 ...
- 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...
- 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...
- 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...
- 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...
- '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...
- 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.
- 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...
- IT professionals who may need to re-skill soonInformation Technology is one industry that is extremely dynamic. People who have been in this segment long, know that re-skilling is part ...
- Micro Focus to launch training prog to push software applicationsMicro Focus, a UK-based ISV (independent software vendor), plans to launch training and awareness programmes to push COBOL applications amo...
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