What is COBOL, the high-level programming language that is behind biggest-ever fall in IBM stock value

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market value. The decades-old language, still powering critical systems, faces a ...
Business Wire

GT Software Announces Release of Fujitsu’s NetCOBOL for .NET v6.0 and Fujitsu’s NetCOBOL for Windows v11x64 to Further Reduce Costs and Enhance Capability, Performance and ...

ATLANTA--(BUSINESS WIRE)--GT Software, the sole distributor of Fujitsu’s NetCOBOL outside of Japan, has announced two new releases for its NetCOBOL user base, namely NetCOBOL for .NET v6.0 and ...

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
SiliconANGLE

Rocket Software aims to future-proof Cobol with AI integration and cloud-ready enhancements

Information technology modernization specialist Rocket Software Inc. is integrating generative artificial intelligence and adding support for Arm processors in its line of Cobol modernization products ...