Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
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 ...
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 ...
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 ...
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IBM stock dives after Anthropic points out AI can rewrite COBOL fast
Big Blue has been saying this itself since 2013 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 ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
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.
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 ...
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 ...
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