COBOL stands for Common Business-Oriented Language and was created in 1959. It was partly drawn on the work of computing pioneer Grace Hopper and was built for a single purpose: processing business ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to modernize a ...

COBOL is a computer language used for business data processing and IBM is a leader in that area.

Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap. While IBM argues code translation isn't full modernization, the potential ...

IBM Share Price Drop: "Modernizing a COBOL system once required armies of consultants ⁠spending years ‌mapping workflows. Tools like Claude Code can automate the exploration and analysis ⁠phases that ...

News: COBOL is back in the AI era. Anthropic’s claim jolts IBM, Nasscom reframes tech debt as a $1.6T services prize, and ...