AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

Add Yahoo as a preferred source to see more of our stories on Google. Following the Louisiana Office of Motor Vehicles' outage on March 20, Gov. Jeff Landry declared a State of Emergency Friday ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

Let me tell you about a hot Web scripting language. It’s been ported to almost every computer architecture ever made; its speed and readability are legendary. It’s known to be good with databases.

The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...

IBM shares saw their sharpest fall in over 25 years after AI startup Anthropic said its Claude Code tool can understand and modernise COBOL, a language deeply tied to IBM's mainframe business. Here is ...

The term FUD (fear, uncertainty, doubt) was created to describe IBM's tactics and IBM is doing it again. posted by Roy Schestowitz on Mar 01, 2026, updated Mar 01, 2026. The other ...

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, ...