Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this week's Open Source.

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

COBOL is a computer language used for business data processing and IBM is a leader in that area.

IBM stock has tumbled 20.6% in three months after Anthropic's Claude Code threatened its legacy COBOL moat - can hybrid cloud and watsonx offset the risk?

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

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

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

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the ...

IBM (NYSE:IBM) launched its generative AI-powered assistant called watsonx Code Assistant to help enterprise developers and IT operators code quickly and accurately using natural language prompts. The ...

IBM (NYSE:IBM) saw its sharpest single day stock drop in over 25 years after Anthropic launched Claude Code, an AI tool aimed at automating COBOL system modernization. The news sparked broad debate ...