Whenever the topic is raised in popular media about porting a codebase written in an ‘antiquated’ programming language like Fortran or COBOL, very few people tend to object to this notion. After all, ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once ...

The most widely adopted computer language in history, COBOL is now causing a host of problems. It's also dangerously ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

Despite the proliferation of digital banking apps, the banking industry still runs almost half its systems on a 1950s programming language, which makes it difficult for financial institutions to ...

IBM ( IBM 1.45%) stock got hit hard in Monday's trading as fears that artificial-intelligence (AI) technologies could disrupt the company's common business-oriented language (COBOL) tech stack. The ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...

The IBM campus in North Carolina. In late February, the company experienced a stock market shock it hadn’t felt in 25 years. N&O file photo Anthropic’s Claude Code post wiped about $30B off IBM’s ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

HONG KONG, March 12, 2026 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced the successful launch of its proprietary AI-driven intelligent migration solution.

AI has sparked a new round of conversation about Cobol, with tools emerging that claim to translate legacy code and, with it, solve the modernisation challenge. It is worth being precise about what ...