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 ...

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In context: Despite being designed in 1959, the COBOL programming language is still widely used in applications deployed on mainframe computers. COBOL offers secure, reliable and transactional ...

IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...

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 ...

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IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—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 ...

TL;DR: IBM introduced a few months ago a new AI-powered service designed to assist industries in transitioning from COBOL to newer programming standards. Watsonx can do a lot to modernize the ancient ...

International Business Machines (NYSE: IBM) shares took a 13% nosedive on Feb. 23, their worst single-day drop in over 25 years. The culprit? Fears that Anthropic's Claude Code AI would make COBOL ...