oranghutan writes "The language used to power most of the world's ATMs, COBOL, is turning 50. It also runs about 75 per cent of the world's business applications, so COBOL should be celebrated for making it to half a century. In cricketing terms, that's a good knock. The author says: 'COBOL's fate was decided during a meeting of the Short Range Committee, the organization responsible for submitting the first version of the language in 1959. The meeting was convened after a meeting at the Pentagon first laid down the guidelines for the language. Half a century later, Micro Focus published research which showed people still use COBOL at least 10 times throughout the course of an average working day in Australia. Only 18 per cent of those surveyed, however, had ever actually heard of COBOL.'"