Whenever the topic is raised in popular media about porting a codebase written in an ‘antiquated’ programming language like Fortran or COBOL, very few people tend to object to this notion. After all, ...

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...

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

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

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 ...

For effectively all new development, the COBOL language is irrelevant. Many seem to think that Java is irrelevant, too, but I don't think that's the case. The problems that the languages were trying ...

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 ...

A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" legacy systems based on that old language. The stakes are high, as so much ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

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

Last August, we told you about a project posted on GitHub by Romanian software developer Bizău Ionică that makes it possible for snips of legacy COBOL code to run within the JavaScript code of the ...

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 ...