MIT researchers could speed up file compression using an improved Fourier transform algorithm A group of MIT researchers believe they’ve found a way to speed up audio, video, and image ...

Google's new open-source image compression algorithm promises to reduce JPEG file sizes by 35 percent more than other methods.

Google has developed and open-sourced a new JPEG algorithm that reduces file size by about 35 percent—or alternatively, image quality can be significantly improved while keeping file size constant.