Big Blue has been saying this itself since 2013 IBM’s share price slumped by 13 percent on Monday, seemingly caused by ...

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere.

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

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

IBM shares tumbled after Anthropic unveiled a tool aimed at business that use a decades-old programming language ...

International Business Machines Corp. shares plunged on Monday, after the artificial intelligence startup Anthropic said its ...

IBM (NYSE:IBM) shares hit a session low Monday afternoon, falling 10%, after Anthropic announced an AI tool designed to streamline COBOL code modernization. Accenture (NYSE:ACN) and Cognizant ...

You’d think a computer programming language created in 1959 would be outdated — but you’d be incredibly wrong.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

For effectively all new development, the COBOL language is irrelevant. Many seem to think that Java is irrelevant, too, but I don't think that's the case. The problems that the languages were trying ...