Google cooks up new open-source video compression standard, VP10

Google (NASDAQ: GOOG) is developing a successor to its open-source encoding standard VP9 in attempt to head off competing video compression technologies like HEVC/H.265.

VP9, and its planned successor, VP10, is an open-source technology that, like its competitors, compresses online video so that it takes up less capacity on IP networks, making delivery easier and more reliable. Article

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