Early in the Covid-19 pandemic, the governor of New Jersey made an unusual admission: He’d run out of COBOL developers. The state’s unemployment insurance systems were written in the 60-year-old ...

Abstract: Legacy modernization is a significant task in the software industry to maintain the relevance of legacy but critical software systems that are still widely used across various domains. COBOL ...

It’s 1959. Ike is still all right. While serving in the U.S. Army, Elvis Presley takes up amphetamines and karate. Fashion-forward women are wearing capri pants while rebellious young greasers are ...

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IBM’s (IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

On Tuesday, Anthropic published tools that let Claude read, analyze and translate legacy COBOL into modern languages like Java and Python. By the end of the trading day, investors had wiped roughly ...

Feb 23 (Reuters) - Shares of International Business Machines (IBM.N), opens new tab recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic said its Claude Code ...

IBM stock dropped 13% on Monday after an Anthropic blog post highlighted another use for Claude Code. The AI firm said its tool could help companies modernize their legacy code. Anthropic's flurry of ...

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude Code tool could be used to ...

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