Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ‘casualty’ of this was the legendary firm IBM, whose stocks fell.
Microsoft

Developer-targeting campaign using malicious Next.js repositories

A developer-targeting campaign leveraged malicious Next.js repositories to trigger a covert RCE-to-C2 chain through standard ...

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 suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...