COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959. It’s had surprising staying power; according to a 2022 survey, there’s over ...

(Bloomberg) --International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a ...

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 ...

The COBOL programming language was created in 1959 and has been widely seen as obsolete for decades. Yet there are still a fair number of software systems based on the language. The economic stresses ...

The 60-year-old programming language that powers a huge slice of the world’s most critical business systems needs programmers Some technologies never die—they just fade into the woodwork. Ask the ...

Anthropic’s AI-powered computing-coding agent Claude appears easily capable of competing with one of IBM’s core businesses. Worries of this threat sent IBM stock careening on Monday. A deeper dive ...

The economic shutdown due to the novel coronavirus pandemic has caused a massive surge in unemployment benefit claims nationwide. Unfortunately, in many states across the US, unemployment benefit ...

IBM is looking to modernize Cobol applications by bridging its mainframe-oriented Cobol and WebSphere products to Enterprise JavaBeans (EJB) and service-oriented architectures. The company will unveil ...

Perhaps rather unexpectedly, on the 14th of March this year the GCC mailing list received an announcement regarding the release of the first ever COBOL front-end for the GCC compiler. For the ...

The market's knee-jerk reaction makes enough superficial sense. Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common ...