Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

On3, 2026, Anthropic unveiled Claude Code, an AI tool capable of modernizing decades-old COBOL systems in months rather than years.

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 ...

Big Blue has been saying this itself since 2023 IBM’s share price slumped by 13 percent on Monday, seemingly caused by investors reacting to an Anthropic blog post that points out its Claude Code ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, according to data compiled by Bloomberg. “Modernizing a Cobol system once ...

The federal student loan service center Campus Partners, an offshoot of Sallie Mae, wanted to revamp its mainframe systems to make loan data accessible to customers via the Web. With millions of lines ...

Cobol applications now can be deployed to the Java Virtual Machine as well as to Windows Azure for the first time Micro Focus on Thursday announced it is extending its Cobol platform to Java and the ...

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

COBOL-Java integrator Veryant has just released a new version of its is COBOL Application Platform Suite (APS). This version, isCOBOL 2010, adds support for Eclipse Galileo, which comprises 33 Eclipse ...

In our mania for the new, it’s convenient to forget just how long the “old” stays with us. Take COBOL, for example. The venerable programming language turns 60 this month and, as Steven J.