PERSPECTA

News from every angle

Results for “COBOL

10 stories found

IBM stock’s worst single-day drop in 25 yrs over Anthropic tool
BusinessTimes of India3d ago

IBM stock’s worst single-day drop in 25 yrs over Anthropic tool

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core mainframe business. This AI advancement could compress years-long, costly migration projects into months, impacting recurring revenue from hardware, software, and services. The market reacted swiftly, signaling a potential shift in the legacy IT services landscape.

Korda to face Paul in all-American Delray Beach final
SportYahoo5d ago

Korda to face Paul in all-American Delray Beach final

Sebastian Korda reached his first ATP final in more than a year on Saturday, toppling third-seeded Italian Flavio Cobolli 7-6 (7/1), 6-1 to book a title showdown with Tommy Paul in Delray Beach, Florida.This time he will be up against fifth-seeded fellow American Paul, who rallied to beat fourth-seeded compatriot Learner Tien 4-6, 6-4, 6-3.