Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today warned enterprises of a growing Java application modernization crisis driven by technical debt and converging ...
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IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
In 2025, something unexpected happened. The programming language most notorious for its difficulty became the go-to choice ...
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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 ...
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With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
Sample files for Azul are kept in a Simple Storage Service (S3) compatible binary large object (blob) store, and processed ...
Anthropic's Claude Code modernising COBOL systems triggered a 13.2% correction on IBM's stock.