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 ...

There are hundreds of billions of lines of COBOL code running on production systems worldwide. That’s not ideal for a language over 60 years old and whose primary architects are mostly retired or dead ...

IBM is developing a generative artificial intelligence (AI)-assisted software development tool to help its customers modernise legacy Cobol applications, The new tool, watsonx Code Assistant for Z, ...

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 ...

The product is targeted at modernizing mainframe applications that run on IBM Z systems, as the number of COBOL developers starts to dwindle. In a bid to help IBM Z systems customers modernize their ...

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 ...

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 ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

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 ...

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IBM’s stock experienced one of its biggest single-day drops on February 24, in over 25 years, due to market concerns about new AI tools (like Anthropic’s Claude Code) that claim they can automate the ...