A new file type has been birthed by Google and will likely dominate JPEGs in the future. The file type is:. "WebP". It is derived from WebM for encoding and decoding video. It should be implemented into Google Chrome in the coming weeks.
The original article is from Cnet News. Over at:.
http://news.cnet.com/8301-30685_3-20018146-264.html?tag=topImage2Check it out, it is really interesting.
-TwisT