Today Dynamite Records, a fixture in Northampton, MA for more than 27 years shut its doors. Probably doesn't matter to most of my readers, but consider this news against the backdrop of [URL="http://www.npd.com/press/releases/press_090818.html"]figures released this week by the NPD Group[/URL] indicating that iTunes controls 25 percent of all US music sales in the US. What's more, they control 69 percent of all online music sales. Meanwhile, the news gets worse for the likes of Dynamite Records because the brick and mortar stores that sold the most CDs? WalMart and Best Buy. [B]CDs Still Dominate...For Now[/B] Yet surprisingly, in spite of …

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Tech talk has more predictions for 2009, and the news continues to be grim. Economist Gary Shilling, president of A. Gary Shilling & Co., was on the show this morning with a laundry list of dark projections for the economy and the stock market. Specifically, Shilling says the recession will last throughout 2009 and he expects the S&P 500 to hit 600 in 2009. Shilling also tells Tech Ticker that a recovery isn't likely until 2010, but he is bullish on the dollar and cautiously optimistic about high-grade corporate debt, but doesn't see much to be hopeful about from the …

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The stock market is up today on news that the Federal Reserve will lower interest rates to spur lending and, hopefully, economic growth. The Dow is up 78 points and the Nasdaq is up 24 points in mid-morning trading. Analysts say that the Federal Reserve will lower the key U.S. official interest rate, known as the fed funds target rate, by a half-point, lowering the rate to 0.5%. Lower interest rate effectively cheapen the cost of buying goods and services, so tech companies are all in favor of them. Companies might loosen their purse strings to a buy a loading …

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BestBuy is now offering Ubuntu 8.04 (Hardy Heron) in a shrink-wrapped box for $19.99. This is the only packaged Linux that BestBuy currently sells. I haven't seen the package or visited my local BestBuy store in several months but I am happy about this decision. Shelf space is at a premium in retail stores so it says something for the Zeitgeist of the future of Linux. And sure, there have been shrink-wrapped Linux CDs before and you can usually get a CD or DVD of the latest version of some distribution attached to one of the glossy Linux magazines at …

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The End.