This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

The announcement reignited fears that generative AI could disrupt traditional enterprise software and consulting revenue streams ...

IBM's stock ended Monday as the worst-performing member of the S&P 500 following a disruptive AI announcement from Anthropic.

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

Hackers hit more than 700 ATMs last year, resulting in $20 million worth of losses, the FBI says. The malware can instruct an ATM to dispense cash on demand, no bank card needed.

The company stated that Leerink Partners, a healthcare-focused investment bank, will now serve as the sales agent for its ATM program. The ATM equity offering allows OKYO Pharma to sell common shares ...

Malware-wielding criminals "jackpotted" ATMs across the United States last year to walk away with $20 million thanks to "cash-out" attacks.

IBM’s Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise syst ...

Wed, February 18, 2026 at 4:13 PM UTC Banks set daily limits on how much cash you can withdraw from an ATM — often between $500 and $5,000 daily — so it’s important to know your bank’s limits if ...