IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM's Anthropic-induced sell-off overlooks the fact it's disrupting itself: Jefferies

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

Anthropic Vs. IBM: AI Starts To Threaten Businesses (Rating Downgrade)

International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

What is COBOL, the high-level programming language that is behind biggest-ever fall in IBM stock value

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...
InfoQ

Pinterest’s CDC-Powered Ingestion Slashes Database Latency from 24 Hours to 15 Minutes

Pinterest launched a next-generation CDC-based database ingestion framework using Kafka, Flink, Spark, and Iceberg. The system reduces data availability latency from 24+ hours to 15 minutes, processes ...

Why The LLM Fail At Basic Math (And How To Fix It)

When your AI assistant calculates revenue, bonuses, VAT or financial summaries, it isn’t doing math. It’s telling a convincing story about numbers.