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, ...

AI can translate COBOL code, but that's the easy part. Here's what investors missed on Feb. 23.

IBM stock fell roughly 13% in Monday's trading in response to concerns that new AI tools could have a disruptive impact on the company. Anthropic is touting Claude Code's ability to modernize COBOL ...

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 ...

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

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 ...

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 ...

Rocket Software, a global technology leader in modernization software, is adding groundbreaking innovations to its COBOL solutions designed to help businesses update COBOL applications without ...

When Hackaday editors Elliot Williams and Al Williams need a break from writing posts, they hop on the podcast and talk about their favorite stories of the past week. Want to know what they were ...

IBM (NYSE: IBM) 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 ...