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, ...

The most widely adopted computer language in history, COBOL is now causing a host of problems. It's also dangerously ...

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

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...

One of IBM's main businesses is 'modernization,' which involves updating legacy systems written in COBOL with the latest technology. IBM also sells mainframes optimized for large-scale transaction ...

Mumbai/Bengaluru: Anthropic’s claim that its AI coding tool Claude can understand and modernise programming language Cobol sent IBM shares down 13% on Monday, its steepest single-day fall in over 25 ...