Market Commentary and Intraday News
UN group OKs new video format to save bandwidth
541 days ago
|Powerful Fibonacci Patterns|
One trader has focused on several powerful trade opportunities and is going to be detailing the charting technique used to forecast the moves with Fibonacci on Friday, July 25th at 1:15 PM EST. Learn: Using the Fibonacci Tool to Identify Wave Patterns, Understanding Retracement and Extension Points with Fibonacci - ABCD, and - Japanese Candlesticks and Time/Volume Relationships in the Market.
Click this link for access to this informative webinar.
(AP:GENEVA) The U.N. telecommunications agency says its members have agreed upon a new compression format that could dramatically cut the amount of Internet bandwidth currently used by video files.
The International Telecommunication Union says the format, or codec, known as H.265 would require just half the amount of data needed by its predecessor, H.264.
The Geneva-based agency says videos encoded using the H.264 format _ which is favored by devices such as Apple's iPad _ currently account for two-fifths of web traffic.
ITU said in a statement late Friday the new H.265 codec could pave the way for "the next wave of innovation," such as faster movie downloads and higher-quality video streaming.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.