Linked by Thom Holwerda on Thu 30th Sep 2010 23:04 UTC
Google A few months ago, Google open sourced the VP8 video codec as part of the WebM video project, to create a truly Free/free unencumbered video format for the web as an answer to the non-Free/free patent-encumbered H264 format. Today, Google launched a new image format for the web, WebP, which aims to significantly reduce the file size of photos and images on the web.
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JPEG is a pretty awesome format, all told. It's just that it's not used appropriately in 95% of all cases, and many of the programs that use it don't expose all the features of the format.

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