Mainframes are no longer seen as a constraint on public sector digital transformation, with government agencies abandoning rip-and-replace strategies in favour of modernising mainframe systems with hy ...

A Missouri state accounting system that was supposed to integrate all state financial operations on one platform is late and ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

Deep inside the server rooms of hundreds of the world’s biggest businesses, mainframe computers built by International ...

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic ...

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 ...

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

Shares tank 13 per cent on Anthropic programming language threat. Read more at straitstimes.com. Read more at ...

The sell-off was triggered by a blog post from AI startup Anthropic, which claimed that its AI tool, Claude Code, can ...

Analysts argue the reaction overlooks IBM’s own AI strategy. Shares of International Business Machines suffered their ...