COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

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

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

Shares sank as much as 13 per cent, their biggest intraday drop since March 2020. With the decline, the stock is now down 26 ...

TL;DR: Minecraft has long been a platform for impressive feats by modders, from recreating massive structures to running computer systems within the game. Now, a new project takes this creativity to ...

David Brown is worried. As managing director of the IT transformation group at Bank of New York Mellon, he is responsible for the health and welfare of 112,500 Cobol programs — 343 million lines of ...