Anthropic launched an AI tool that automates COBOL modernization, challenging IBM's long established mainframe services ...

With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...

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 ...

IBM's stock value dropped 13% following Anthropic's announcement that its Claude Code tool could modernize COBOL-run legacy ...

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

Most investors jumped to a conclusion on Monday that's not supported by all the facts.

Programmers.io expands its free IBM i Internship Program to train the next generation of developers with RPG, COBOL, AI ...

The Amazon- and Google-backed AI startup said its latest tool would make it easier to update decades-old business software.

IBM shares plunged 13.2% after Anthropic said its Claude Code can modernise COBOL, raising fresh fears of AI-led disruption.

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...

The COBOL programming language for IBM mainframes. In 1994, IBM dropped support of OS/VS COBOL, which conformed to ANSI 68 and 74 standards and limited a program's address space to 16 bits. IBM's VS ...