The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...

Indian IT stocks fell up to 6% after IBM's sharp decline AI tool Claude can automate COBOL code modernization COBOL's future impacts major Indian IT firms serving global banks Did our AI summary help?

Feb 23 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code ...

IBM’s stock stumbled on Monday to its largest single-day loss since the dot-com bubble burst, after Anthropic announced an AI tool it claimed would streamline updates for a decades-old business ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

Suit says woman has anxiety and obsessive compulsive disorder. Lawsuit wants academic sanctions lifted while the case proceeds. A student is suing the University of Michigan, claiming it wrongly ...

PORTLAND, Ore. — A federal district court judge sided with protesters suing the Trump administration on Tuesday, ordering federal agents to halt the indiscriminate use of tear gas and other crowd ...

A federal judge in Oregon has temporarily limited federal officers’ use of force on peaceful protesters outside the Immigration and Customs Enforcement building in Portland. The decision Tuesday ...

Rep. Gwen Moore, D-Wis., speaks at a press conference at the U.S. Capitol Building on Dec. 14, 2021, in Washington, D.C. (Photo by Anna Moneymaker/Getty Images) Nearly a dozen House Ways & Means ...