Seven of the largest tech companies have formed the new Alliance for Open Media, an open source project to develop new formats, codecs and technologies for viewing ultra high definition video and other media on the Web. Amazon, Cisco, Google, Intel, Microsoft, Mozilla and Netflix have joined forces to contribute their tech expertise to try and meet online demand for high-quality — including ultra high-definition — video, audio, images and streaming across numerous devices to serve users worldwide. The alliance cited its priorities in a blog post: Interoperable and open Optimized for the Web Scalable to any modern device at any bandwidth Designed with a low computational footprint and optimized…
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