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Microsoft this week unveiled a new photo format to compete with an old industry standard. The software giant claims its Windows Media Photo (WMP) will provide better quality at half the size of a JPEG image. "One of the biggest drivers for upgrading computers is digital photography, so anything we do to make digital photography better is good for Windows," said Bill Crow, senior program manager for WMP. Crow presented the technology at the Windows Hardware Engineering Conference in Seattle.
I use PNG files when I do web development! I love the fact that they have an alpha channel. Now if only the browsers supported that neat-O feature of PNG... Or even PNG transparency and animation at all! But I digress...