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...music provider announced plans to release a free iPhone application that will let users listen to songs played directly off of its online service, with no need to download. That would give iPhone users instant access to any of Spotify's 6 million songs, without taking up precious memory space - way more than the maximum 7,000 tracks that a 32 GB iPhone can hold. Songs can also be temporarily stored, or cached, ready to play during those moments when Web connection drops, like when you're in a tunnel or underground. Spotify's new application could change...

Author: /time Magazine | Title: Will Apple Open the iPhone to Rival Spotify? | 8/6/2009 | See Source »

...Arnuk also asserts that co-location gives firms that can afford to do it an unfair advantage, because the exchange is "offering them things that the general investor does not get." (Firms pay for the server space they use: as little as $50,000 a year, but as much as $500,000 a month to co-locate at the NYSE and other exchanges, says Murray White, senior vice president of global technologies at the exchange...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...secret list of users is sure to grow: the massive new U.S. data center, created because "co-location space has gotten pretty scarce," White says, is set to open next year in Mahwah, N.J. Another is planned to open next year in the U.K. just outside London. (Though the new facilities will be far from the NYSE headquarters on Wall Street, it's proximity to the exchange servers that matters to traders, and those servers will surely be at the new sites...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...movement of jellyfish impacts the water around them. Researchers placed a fluorescent dye in front of the jellyfish and observed what happened as the jellyfish swam through it. To their surprise, rather than swimming through the dye, the jellyfish appeared to pick it up, tucking it in a space just behind their tentacles. As the jellyfish swam, they carried the dye (and water) along. By monitoring the variation of the dye color, the research team discovered that each jellyfish was carrying water for about 50 feet (15 meters) - many times the size of its body. (See pictures of life beneath...

Author: /time Magazine | Title: Churning Ocean Waters, One Jellyfish at a Time | 8/5/2009 | See Source »

...drivers so they don't have to walk so far to work or the mall, are part of the South Korean capital's Women Friendly Seoul Project, an effort for the notoriously macho Asian city of more than 10 million to transform itself into a safer, more heel-friendly "space for women...

Author: /time Magazine | Title: Will High-Heel-Friendly Streets Keep Seoul's Women Happy? | 8/5/2009 | See Source »

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