A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...

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

Under the last coronavirus stimulus package signed into law late last year, each state was responsible for implementing federal unemployment extensions for people who lost their jobs in the pandemic.

With states issuing pleas for volunteer coders, we set out to learn more about the woman-invented language powering the mainframe computers that process unemployment claims, and why there’s a shortage ...

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

Anthropic's AI tool Claude's ability to modernize Cobol code caused IBM shares to plummet, wiping out billions in market cap.

Programming languages don't often make national headlines. But New Jersey governor Phil Murphy's plea earlier this month for developers familiar with the 60-year-old programming language Cobol to help ...

Anthropic's AI-powered computer-coding platform Claude can easily help modernize complicated programs written in COBOL (Common Business-Oriented Language), seemingly posing a threat to IBM's (NYSE: ...

Sometimes, technology is a reasonable excuse for a holdup. But in the case of the unemployment benefits that are part of the $2.2 trillion CARES Act, processing delays are not due to a glitch, but the ...