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, ...

AI can translate COBOL code, but that's the easy part. Here's what investors missed on Feb. 23.

Despite the proliferation of digital banking apps, the banking industry still runs almost half its systems on a 1950s programming language, which makes it difficult for financial institutions to ...

Anthropic’s advances in reading and modernising legacy COBOL codes are more likely to unlock opportunities for IT service companies by lowering migration costs, industry leaders said Tuesday.

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

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

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

ATLANTA--(BUSINESS WIRE)--GT Software, the sole distributor of Fujitsu’s NetCOBOL outside of Japan, has announced two new releases for its NetCOBOL user base, namely NetCOBOL for .NET v6.0 and ...

Rocket Software, a global technology leader in modernization software, is adding groundbreaking innovations to its COBOL solutions designed to help businesses update COBOL applications without ...

Cobol has certainly taken hits to its integrity over the four-plus decades it’s been in service. It’s now widely renowned as cumbersome and inflexible to today’s IT requirements. Despite such an ...