A blog post from Anthropic caused IBM's market value to drop over $30 billion due to concerns about COBOL. Here's everything ...
Is Claude Code coming for Big Blue? Plus, Boom Supersonic leaves Greensboro site unclear and Duke ups minimum wage in this ...
Chris O'Malley is President and CEO of Compuware, a BMC company, bringing mainframe DevOps to the Autonomous Digital Enterprise. You’ve probably seen more headlines about COBOL this year than in the ...
A recent blog post from Anthropic, a large AI company in the U.S., signals that the tech can help governments "modernize" ...
Big Blue has been saying this itself since 2023 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 ...
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 ...
IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...
The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that ...
IBM’s Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise syst ...
With the decline, IBM shares have fallen 27% in February, on track for its biggest one-month slide since at least 1968, ...
The 60-year-old programming language that powers a huge slice of the world’s most critical business systems needs programmers Some technologies never die—they just fade into the woodwork. Ask the ...
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