AWS has removed its legal protections for customers using its video transcoding and streaming services, potentially exposing them to patent infringement claims from codec rights holders. The change ...

IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock ...

Just like algae blooms in the ocean and pollen in the spring, there’s been an explosion in the past year or two of new software, related tools and lingo from the IT and mainstream/consumer side. Some ...

Investing.com -- IBM (NYSE:IBM) shares rose 4% Tuesday, recovering from Monday’s sharp decline after analysts defended the company’s mainframe business against concerns raised by Anthropic’s COBOL ...

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

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 ...