An anonymous reader writes "Google has decided to fund the development of Theora optimized for ARM processors. The article on the Open Source at Google blog notes the importance of having a universal baseline video codec for the Web: 'What is clear though, is that we need a baseline to work from — one standard format that (if all else fails) everything can fall back to. This doesn't need to be the most complex format, or the most advertised format, or even the format with the most companies involved in its creation. All it needs to do is to be available, everywhere. The codec in the frame for this is Ogg Theora, a spin off of the VP3 codec released into the wild by On2 a couple of years ago.'"
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