Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

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

AWS extends hands-on ‘experimental’ agentic development with Strands Labs

By way of definition, AWS Strands is a model-driven framework (i.e. one that uses high-level designs to automatically generate code, which is often used for streamlining complex software development ...
Finbold

Why Anthropic is behind IBM stock’s 13% plummet

Following an Anthropic blog post covering the use of AI in code modernization, IBM stock collapsed more than 13%.
Music Connection

Lenny Bruce: 60 Years On

On August 3, 1966, stand-up comedian, social critic, satirist, and philosopher Lenny Bruce (October 13, 1925-August 3, 1966] was found dead at age 40 inside his Hollywood Hills home from an acute ...

Trump’s new global tariffs kick in at 10%; Meta strikes $60bn chip deal with AMD - business live

Rolling coverage of the latest economic and financial news ...