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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 ...

In 2025, something unexpected happened. The programming language most notorious for its difficulty became the go-to choice ...

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There's more to the story than the alphabet.

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

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 ...