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Surprise! UBS lowers Internet ad spending estimates

Investment bank UBS has cut its estimates on digital-ad growth, in conjunction with gloominess about the overall advertising industry. The sector will continue to grow, a report said, but it will slow down significantly.

"UBS estimates that Internet will remain the only segment with positive growth until 2010," a release from the company read, "though the growth rate could drop as low as 10.4 percent in 2009." That's still optimistic compared with some folks in the industry, like Gawker Media founder Nick Denton, who released his own predictions this week that Internet advertising will … Read more

Breaking down barriers between buyers and vendors: Aaron Darcy of Red Hat speaks

I spent an hour today with Aaron Darcy, Director of Product Marketing for Red Hat. Aaron works on the JBoss side of the house and is part of the team that has been transitioning JBoss to a Fedora/RHEL model. Perhaps even more interesting, Aaron was a transplant from UBS' IT team. He came to Red Hat with Joanne Rhode, his boss at UBS.

As such, I was interested to hear how the IT world differs from the Red Hat/open source world, and how the JBoss transition has been.… Read more