COBOL is a computer language used for business data processing and IBM is a leader in that area.

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 ...

A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...

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 ...

The Social Security Administration is facing a potential overhaul of its computer systems, one that could disrupt the benefits of millions of Americans who rely on these payments. The Department of ...

You’d think a computer programming language created in 1959 would be outdated — but you’d be incredibly wrong.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, ...

Last summer, Michael Vu, a 40-year-old independent IT consultant, found himself in a wholly unexpected place midway through his career. He’d signed a three-week contract to help a major U.S. retailer ...