TechTaffy

tech:

taffy

IBM To Update Enterprise COBOL Software This Quarter

By TechTaffy Desk

IBM is working on updates for IBM Enterprise COBOL for z/OS. IBM Enterprise COBOL for z/OS, version 5.1, works with the latest versions of IBM Customer Information Control System (CICS), Information Management System (IMS) and DB2 software. The software is expected to be available later this quarter.

The new software provides support for Java 7, new UTF-8 built-ins, debugging enhancements, and support for unbounded tables and groups. It also supports a new level of z/OS System Management Facilities (SMF) tracking, which allows users who implement sub-capacity tracking to reduce their administrative overhead. The software improves control over XML documents with the z/OS XML parser, allowing parsing workload to be off loaded to specialty engines.

Nearly 15 percent of all new enterprise application functionality is written in COBOL. The programming language also powers many everyday services such as ATM transactions, check processing, travel booking, and insurance claims. More than 200 billion lines of COBOL code are being used across industries such as banking, insurance, retail and human resources.

 

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.