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 ...
Family Destinations Guide

The Pretzels At This Illinois Restaurant Are So Good, They’re Worth A Road Trip

The apple strudel, with its delicate layers of pastry embracing spiced apples, is the kind of dessert that has you audibly ...
Opinion

IBM falls most since 2000 after Anthropic COBOL AI claims; Thomas says translation isn’t modernization

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

B&T's CMO Power List 2026, presented by atn

Nestlé’s Anneliese Douglass returns for the third time to B&T’s CMO Power List. And it’s been another standout 12 months for ...