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Space

Super-Earths Discovered Orbiting Nearby, Sun-Like Star 242

likuidkewl writes "Two super-earths, 5 and 7.5 times the size of our home, were found to be orbiting 61 Virginis a mere 28 light years away. 'These detections indicate that low-mass planets are quite common around nearby stars. The discovery of potentially habitable nearby worlds may be just a few years away,' said Steven Vogt, a professor of astronomy and astrophysics at UCSC. Among hundreds of our nearest stellar neighbors, 61 Vir stands out as being the most nearly similar to the Sun in terms of age, mass, and other essential properties."
Data Storage

Researchers Create Cheap, Flexible, Plastic Flash Memory 82

An anonymous reader writes "Researchers at the University of Tokyo, led by electrical engineering professor Takao Someya, have created a new kind of low-cost, plastic, flash memory storage device. Although not as dense or stable as its silicon cousin, the plastic flash memory is useful because of its low cost, simple manufacturing process, and potential use in e-paper or other flexible devices. To demonstrate the memory, Someya's group integrated a 676-memory-cell device with a rubber pressure sensor. The flexible sensor-memory device, which is less than 700 micrometers thick, can record pressure patterns and retain them for up to a day."
Businesses

What the iPod Tells Us About the World Economy 380

Hugh Pickens writes "Edmund Conway has an interesting article in the Telegraph where he analyzes where the money goes when you buy a complex electronic device marked 'Made in China,' and why a developed economy doesn't need a trade surplus in order to survive. For his example, Conway chooses a 30GB video iPod 'manufactured' in China in 2006. Each iPod, sold in the US for $299, provides China with an export value of about $150, but as it turns out, Chinese producers really only 'earned' around $4 on each unit. 'China, you see, is really just the place where most of the other components that go inside the iPod are shipped and assembled.' Conway says that when you work out the overall US balance of payments, it shows that most of the cash for high tech inventions has flowed back to the United States as a direct result of the intellectual property companies own in their products. 'While the iPod is manufactured offshore and has a global roster of suppliers, the greatest benefits from this innovation go to Apple, an American company, with predominantly American employees and stockholders who reap the benefits,' writes Conway. 'As long as the US market remains dynamic, with innovative firms and risk-taking entrepreneurs, global innovation should continue to create value for American investors and well-paid jobs for knowledge workers. But if those companies get complacent or lose focus, there are plenty of foreign competitors ready to take their places.'"
Businesses

Apple Forced To Clean Up Its Fine Print 127

Barence writes "Apple has been forced to tidy up its online terms and conditions, at the behest of the UK's Office of Fair Trading. The company has redrafted its Ts & Cs so that it now accepts liability for faulty or misdescribed goods sold from its website or the iTunes store. Apple must also ensure that its conditions are 'drafted in plain or intelligible language' and that they 'do not potentially allow changes to be made to products and prices after an agreement is made.'"

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