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COBOL is a computer language used for business data processing and IBM is a leader in that area.
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COBOL is a programming language widely used on IBM mainframes across banking, insurance and government systems ...
IBM shares plunged over 13% after AI startup Anthropic announced a tool to modernize COBOL, a key IBM programming language.
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...
Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...
Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...
IBM experienced a significant decline in its stock value, dropping 13.2%—its largest single-day fall in over 25 ...