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 recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...

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

(Updated 4/10: IBM and the Linux Foundation have partnered to set up a portal for both experienced and new COBOL coders to share resources and find opportunities. Here's a link to IBM's press release ...

The Social Security Administration is facing a potential overhaul of its computer systems, one that could disrupt the benefits of millions of Americans who rely on these payments. The Department of ...

Last summer, Michael Vu, a 40-year-old independent IT consultant, found himself in a wholly unexpected place midway through his career. He’d signed a three-week contract to help a major U.S. retailer ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.