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Ruby is a dynamic programming language similar in many respects to Perl, Python, and Smalltalk, but it is its own animal. It was created in 1993, making it older than Java or PHP. The Ruby community changed recently, when David Heinemeier Hanson introduced the Rails framework,creating the most important language in a generation. "As a result, Ruby is a delight to work with and, in many cases, is an order of magnitude more productive than Java, C, or Microsoft .NET languages" Richard Monson-Haefel
Ruby on rails is becoming the language of choice for many forward thing web development houses.
Latest Article: 24 Ruby Techniques for web development from Net Tuts+.