IBM is looking to modernize Cobol applications by bridging its mainframe-oriented Cobol and WebSphere products to EJB and service-oriented architectures. The company will unveil new versions of its ...
COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959. It’s had surprising staying power; according to a 2022 survey, there’s over ...
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 tools can accelerate refactoring of apps written in ...
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IBM has overhauled how the 50-year-old programming language COBOL runs on its System z mainframes to give COBOL apps a web-friendly facelift. Despite COBOL's age IBM estimates that more than 200 ...
The stock closed 13.2 per cent lower at $223.35 on the New York Stock Exchange. The sharp fall reflects investor concern that AI could disrupt one of IBM’s most entrenched revenue streams — mainframe ...
IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced that its Claude Code tool can automate the modernisation of COBOL—the ...
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