Google will soon make its VP8 video codec open source, we’ve learned from multiple sources. The company is scheduled to officially announce the release at its Google I/O developers conference next month, a source with knowledge of the announcement said. And with that release, Mozilla — maker of the Firefox browser — and Google Chrome are expected to also announce support for HTML5 video playback using the new open codec.

Link:
http://newteevee.com/2010/04/12/…

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