Image: Mark Ahsmann Shares in IBM recorded their steepest daily drop in more than 25 years on Monday, after AI start-up Anthropic said its Claude Code tool could be used to modernise a programming language run on IBM systems. IBM shares sank 13.2%, their biggest drop since 18 October 2000. Cobol is a programming language…
BLU’s carrying value of Cell C has dropped. (Photograph by Nicola Mawson) JSE-listed Blu Label Unlimited is set to take a R5.2 billion hit on its stake in Cell C because the value of its investment at listing was lower than the value it was carrying on its books, resulting in an accounting loss. In…
Rescuers are looking for dozens of people who are feared trapped after a massive cloudburst triggered heavy rains and flash floods in the northern Indian state of Uttarakhand. Teams, including army and paramilitaries, have reached Dharali village in Uttarkashi district, which is believed to have borne the brunt of the floods. Dramatic videos of the…
