IT Services and Consulting Corporation
Appears in 2 stories
Major H-1B user; sued in Disney case
On December 29, 2025, the Department of Homeland Security published its final rule replacing the H-1B lottery with wage-weighted selection. It takes effect February 27, 2026.
Updated 1 hour ago
Stock declined 6.6% on February 23; exposed to legacy modernization disruption
An estimated 220 billion lines of COBOL code still run in production every day, processing 95% of ATM transactions and roughly $3 trillion in daily commerce. For decades, understanding and modernizing that code has required large teams of specialized consultants working for months or years. On February 23, Anthropic published a playbook showing how its Claude Code tool can automate the most labor-intensive phases of that work—mapping dependencies, documenting workflows, and identifying risks across thousands of files—and IBM shares immediately fell 13.2%, their worst single-day drop in more than 25 years.
Updated Feb 23
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