Market Commentary and Intraday News
UN group OKs new video format to save bandwidth
550 days ago
|See the FX Turbo Trader Auto System in Action|
(System Made $6,570* Net Gains in 90 Days!)
Tuesday, August 5th at 11:00am EDT join a Forex trading pro as he demonstrates how the FX Turbo Trader System could help you cut your losses short and let your profits run to create monumental net gains.
(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 This material may not be published, broadcast, rewritten or redistributed.