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MODERNIZE COBOL CODE
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...
- 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...
- AI: The great disruptor and where smart money is movingArtificial intelligence has long been spoken of as a technology of immense potential. What few anticipated, however, was the sheer velocity...
- 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...
- 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...
- '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...
- 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...
- 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...
- Global Market Today | Asian stocks follow US lower on tariff uncertaintyAsian shares declined as AI's impact on profits and tariff uncertainty worried investors. Wall Street saw a significant drop, with tech sto...
- 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...
- 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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