Alphabet Inc. (NASDAQ:GOOG) Releases A New Open Source JPEG Encoder Called Guetzli- Apple Inc. (NASDAQ:AAPL), Nokia (NYSE:NOK)

Shares of Alphabet Inc. (NASDAQ:GOOG) swings by following news as it knocked up 0.39% to $852.12 in latest trading flood. Google (GOOGL) reported that a new open source JPEG encoder called Guetzli that creates images with file sizes 35 percent smaller than currently accessible methods. This is to advance its efforts in getting webpages to load faster while using less data. Google tried the same tactic in 2014 with the WebP format that shrunk images by 10 percent. Furthermore, Google claims that Guetzli does this compression without compromising on image quality.

“The visual quality of JPEG images is directly correlated to its multi-stage compression process: color space transform, discrete cosine transform, and quantization. Guetzli specifically targets the quantization stage in which the more visual quality loss is introduced, the smaller the resulting file.

Guetzli strikes a balance between minimal loss and file size by employing a search algorithm that tries to overcome the difference between the psychovisualmodelling of JPEG’s format, and Guetzli’spsychovisual model, which approximates color perception and visual masking in a more thorough and detailed way than what is achievable by simpler color transforms and the discrete cosine transform.

Can Alphabet Inc. become the newest Buy stock after this news? Find Facts Here

Apple Inc. (NASDAQ:AAPL) knocks down -0.50% to close at $139.99 as 43.68 Million shares changed hands in regular trading session. The firm is going down from its 52 week high price of -0.73%. iPhone 7 was a top seller in EU5 with iOS holding a 22.7 percent share – a climb of 2.4 percentage points. Android was second and accounted for 74.3 percent of smartphone sales, with a marginal increase from 72.9 percent in the three months ending January, a new report said.

EU5 stands for European Union Five, in which France, Germany, Italy, Spain and Britain are members. According to Spain-based consumer research firm Kantar Worldpanel, iOS achieved continued growth across most regions, except for Japan, Spain and Urban China. Android also continued to post market share increases in all regions but the US.

Can Apple Inc. make its way to investors watch list? Find Facts Here

Shares of Nokia Corporation (NYSE:NOK) has price volatility of 1.05% in last 5 days trading session, as shares of firm closed at $5.46 by are increasing of 0.18% in last session. Shares price moving up from its 20 days moving average with 4.46% and isolated positively from 50 days moving average with 10.16%. Nokia’s (NOK) declared that it head of mobile networks, the division which accounted for more than half of Finnish telecom network equipment maker’s sales last year, is leaving the company. Nokia said on Friday it would break out services as a distinct business group from mobile networks following the departure of SamihElhage, who joined the company in 2012 and helped to turn around its network business at a time when it was a troubled joint venture with Siemens.

Services were growing in importance because of the weak global outlook, Nokia said. The global networks market is expected to fall this year as telecom operators’ demand for faster 4G mobile broadband equipment has peaked, and upgrades to next-generation 5G equipment are still years away.

Watch out for the force behind Nokia Corporation bullish run in this report? Find Out Here

 

Will Lawson

Will Lawson is a financial journalist, and has been the lead writer and editor for Seneca Globe News Media since January 2014. Email: will.lawson@senecaglobe.com

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