One of the most interesting open source video technologies (as MPEG-4 -based codecs such as XviD have their possible problems with licenses), Ogg Theora, has reached alpha 2 milestone.
Compared to the previous alpha 1, this milestone fixes virtually all bugs found in previous versions and includes various new features. Xiph.org that controls the Theora project, seems to have dropped the development of their other video codec, a wavelet-based Ogg Tarkin, in order to concentrate their efforts to Theora. This is kinda pity, since Theora is based on rather old VP3 codec from On2 and can't really compete with widespread MPEG-4 -based codecs, such as XviD and DivX.
More information: Theora.org
More information: Theora.org
