WebP is a binary data format created in 2010.
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WebP is an image format employing both lossy and lossless compression. It is currently developed by Google, based on technology acquired with the purchase of On2 Technologies.As a derivative of the VP8 video format, it is a sister project to the WebM multimedia container format. WebP-related software is released under a BSD license.The format was first announced on 30 September 2010 as a new open standard for lossy compressed true-color graphics on the web, producing smaller files of comparable image quality to the older JPEG scheme. Read more on Wikipedia...