String Theory in Electromagnetic Fields
  A review of various aspects of superstrings in background electromagnetic fields is presented. Topics covered include the Born-Infeld action, spectrum of open strings in background gauge fields, the Schwinger mechanism, finite-temperature formalism and Hagedorn behaviour in external fields, Debye screening, D-brane scattering, thermodynamics of D-branes, and noncommutative field and string theories on D-branes. The electric field instabilities are emphasized throughout and contrasted with the case of magnetic fields. A new derivation of the velocity-dependent potential between moving D-branes is presented, as is a new result for the velocity corrections to the one-loop thermal effective potential. 
J. Ambjorn, Y.M. Makeenko, G.W. Semenoff and R.J. Szabo