JPEG XL image format promises smaller files, backwards compatibility and more

JPEG, the lossy compression standard for images used on the Internet and digital cameras, might receive a much-needed upgrade by year's end. The creators of JPEG XL claim their free open-source format offers up improvements that will result in a significant reduction in global bandwidth and storage costs. The JPEG image format was first developed by researchers at the International Organization for Standardization (ISO) in the 1980s. Over the years, due to its many advantages over other formats ...