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

IBM Share Price Drop: "Modernizing a COBOL system once required armies of consultants ⁠spending years ‌mapping workflows.

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, ...

COBOL is a programming language widely used on IBM mainframes across banking, insurance and government systems ...

You’re wrong if you think COBOL programmers are doomed to go the way of the Edsel. Despite predictions to the contrary, the world kept revolving around its axis after Y2K. Yet, the job market for ...

Ventilators, retired doctors, N95 face masks — all have been in high demand from heads of state and U.S. governors, but now you can add COBOL programmers to that pandemic response list. That's right, ...

Last summer, Michael Vu, a 40-year-old independent IT consultant, found himself in a wholly unexpected place midway through his career. He’d signed a three-week contract to help a major U.S. retailer ...

Feb 23 (Reuters) - Shares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code tool could be used to ...