AI panic reels in America’s oldest tech giant

Deep inside the server rooms of hundreds of the world’s biggest businesses, mainframe computers built by International ...
The Financial Express

Explainer: How Claude Code threatens to disrupt IBM’s mainframe biz

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

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

IBM (IBM) shares sold off on Monday on the basis that Anthropic's (ANTHRO) Claude Code product can translate COBOL, prompting concern about the tech giant's legacy business. However, investment firm ...
NDTV Profit

IBM Business Model At Risk? Anthropic's Claude Can Modernise COBOL Code; Stocks Fall 13%

IBM shares plunged 13% after Anthropic said its Claude Code can automate COBOL modernisation—threatening a core IBM mainframe ...

IBM stock rebounds after Anthropic Claude Code sell-off

International Business Machines Corp IBM shares are rebounding Tuesday morning after plunging more than 13% Monday, when ...

After IBM's worst day on stock market, IBM senior vice-president Rob Thomas to everyone betting on AI: New AI tools emerge every week, what they do not change …

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.
U.S. News & World Report

IBM Wins UK Lawsuit Against LzLabs Over Alleged Theft of Mainframe Technology

LONDON (Reuters) -IBM on Monday won a London lawsuit against U.S. tech entrepreneur and philanthropist John Moores' company LzLabs, which the IT giant accused of stealing trade secrets. IBM sued ...