CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS) today announced the successful launch of its proprietary AI-driven intelligent migration solution. Designed to transition legacy COBOL ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market got the news right and the conclusion wrong.

Discusses the Impact of Agentic AI on IT Services and Tech Industry Disruption March 11, 2026 9:30 AM EDT Good afternoon. Good morning, if you're joining us from the U.S. Hello, and welcome. Thank you ...

Anthropic's Claude Code modernising COBOL systems triggered a 13.2% correction on IBM's stock.

As automation replaces repetitive tasks and intelligent systems become more advanced, the demand for new types of skills is ...

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.

This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

A world that runs on increasingly powerful AI coding tools is one where software creation is cheap — or so the thinking goes — leaving little room for traditional software companies. As one analyst ...

The Bank of Japan is testing blockchain technology for settlements that use tokenized central bank reserves. The Bank of ...

Amjad Masad’s Replit allows users to work together like they’re doodling on a white board. It also made him a billionaire along the way.