Although it hasn't exactly been a secret, Microsoft has formally announced HD Photo, a new file format aimed at digital photographers and high-end image manipulation which claims to offer higher image quality and better compression than existing image formats, while adding features for advanced image editing programs. According to Microsoft, HD Photo offers up to twice the compression of the existing JPEG image format while producing fewer artifacts: in Microsoft's words, producing "higher-quality images in one-half the size." The new format offers the ability to decide only a portion of an image ...

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