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 ...
Opinion
TechrightsOpinion

The term FUD (fear, uncertainty, doubt) was created to describe IBM's tactics and IBM is doing it again

The term FUD (fear, uncertainty, doubt) was created to describe IBM's tactics and IBM is doing it again. posted by Roy Schestowitz on Mar 01, 2026, updated Mar 01, 2026. The other ...
TechCrunch

IBM taps AI to translate COBOL code to Java

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 ...
TechRepublic

Watsonx Code Assistant Adds COBOL-to-Java Translations on IBM Z

Watsonx Code Assistant Adds COBOL-to-Java Translations on IBM Z Your email has been sent IBM announced today watsonx Code Assistant for Z, a generative AI-assisted solution for COBOL-to-Java mainframe ...
Computerworld

IBM looks to modernize Cobol

IBM is looking to modernize Cobol applications by bridging its mainframe-oriented Cobol and WebSphere products to Enterprise JavaBeans (EJB) and service-oriented architectures. The company will unveil ...
Hackaday

Making The Case For COBOL

Perhaps rather unexpectedly, on the 14th of March this year the GCC mailing list received an announcement regarding the release of the first ever COBOL front-end for the GCC compiler. For the ...