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

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

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 ...

Sweef Capital has announced a strategic investment in Indonesian hospital operator Avisena Healthcare Group, marking the fourth transaction for the Singapore-based impact investor’s Southeast Asia ...

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

Overview: Modern big data tools like Apache Spark and Apache Kafka enable fast processing and real-time streaming for smarter ...

If AI is on your agenda this year, start here! Somethinc explores strategic sale amid beauty sector momentum Indonesian beauty brand Somethinc is reportedly evaluating a strategic sale. The move comes ...

Anthropic's Claude Code modernising COBOL systems triggered a 13.2% correction on IBM's stock.

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

Introduction The proliferation of deepfake technology, synthetic media generated using advanced artificial intelligence techniques, has emerged as a ...

Introduction Envision our digital world as a sprawling universe filled with glittering constellations of encrypted data, each packet of information ...

Druid AI CEO Joe Kim weighs in on why the future of enterprise agents needs a governance-first mindset that supports composability and extensibility.