How to implement a news ticker with jQuery and ten lines of code

After my previous posts about how to implement a news ticker with MooTools I received a lot of emails from my readers that asked to me to implement a similar feature with jQuery, including fade in and fade out effects, in the simpler possible way. So in this post I want to illustrate you how to implement a nice news ticker using jQuery and just ten lines of Javascript code. The result is something like this:

I suggest you to take a look at this live preview and download the source code to understand how it works. In the source code I added a file called base.html that contains the basic structure of this ticker you can quickly reuse and customize in your web project.