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 ...

・IBM says new AI tools do not address the ‘fundamental engineering challenge of running mission-critical workloads at scale.’ ・IBM charges clients to modernize their financial systems running on Cobol ...

SUNNYVALE, Calif., February 25, 2026--(BUSINESS WIRE)--Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today warned enterprises of a growing Java application ...

IBM’s (IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 per cent in February, on track for its biggest one-month percentage decline ...

Software upgrades require clarity and prioritization as agencies confront legacy systems, security risk and pressure to move faster to the cloud. State and local governments are under growing pressure ...

Like larger enterprises, small to medium-sized businesses can be bogged down by redundant applications and legacy apps with vulnerabilities. Undergoing application modernization can help SMBs improve ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

Feb 23 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code ...

The move followed comments from Anthropic that its Claude Code tool can help companies modernize legacy systems built on COBOL. Common Business-Oriented Language, or COBOL, is a programming language ...

IBM's stock ended Monday down 13% as Anthropic's Claude Code threatens to dismantle a critical part of its business IBM's stock ended Monday as the worst-performing member of the S&P 500 following a ...