Monday, July 6, 2020

Fraunhofer announces H.266/VVC, a new video compression standard that it says cuts file sizes by ~50% compared to its predecessor without compromising quality (Jeremy Horwitz/VentureBeat)

Jeremy Horwitz / VentureBeat:
Fraunhofer announces H.266/VVC, a new video compression standard that it says cuts file sizes by ~50% compared to its predecessor without compromising quality  —  Having engineered the popular music encoding format MPEG-3 before developing the widely-used video formats H.264 (AVC) and H.265 …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...