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September 2, 2015 03:28 pm GMT

Tech companies form alliance for open-source video format

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Add Amazon, Google, Microsoft, Netflix and others to the list of those who apparently want to see Flash die.

The worlds largest tech companies, including Amazon, Cisco, Google, Intel Corporation, Microsoft, Mozilla and Netflix, are forming the Alliance For Open Media to create an open-source, royalty-free video format, reports Wired. The alliance aims to make a video codec designed for high-quality streaming across a variety of devices.

See also: Apple might start producing video content, Netflix-style

Adobe Flash was the standard for high quality video playback for a number of years thanks to the fact that it didn't require much computer power to run well. Now it's seen as a serious security hazard and a blight on the internet. Both Chrome and Firefox have plugins to block Flash by default. Read more...

More about Google, Amazon, Microsoft, Flash, and Netflix

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/peJKB1jytEU/

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