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 ...

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 ...

A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

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.

You’d think a computer programming language created in 1959 would be outdated — but you’d be incredibly wrong. Most people know Java and C++, but good ol’ COBOL is still alive and kicking. In the US, ...

Under the last coronavirus stimulus package signed into law late last year, each state was responsible for implementing federal unemployment extensions for people who lost their jobs in the pandemic.

(Updated 4/10: IBM and the Linux Foundation have partnered to set up a portal for both experienced and new COBOL coders to share resources and find opportunities. Here's a link to IBM's press release ...