China will sell 100 thousand tons of copper, aluminum and zinc from state reserves as part of measures to curb the rise in raw materials prices and support the market. This was reported by the National Food and Strategic Reserves Administration.

In mid-June, China announced its intention to start selling key industrial metals from government stocks to curb higher commodity prices and ease pressure on producers from rising costs. The metals will be sold to Chinese converters and producers through public auctions.

Copper futures contracts on the New York Mercantile Exchange (NYMEX) have grown by more than 20% since the beginning of this year, and almost 1.5 times over the past year.

China now is in situation that is worse that Germany had been in 1941 - already past coal peak (Germany had one in 1943), already past most metals peak (Germany had been many years before this).

A JPEG white paper titled JPEG XL Image Coding System explains that this new file format “fills the specific needs for responsive web, wide color gamut, and high dynamic range applications” and “provides legacy transition features and effective compression at high visual quality.

Key features of the JPEG XL codec are:

1. improved functionality and efficiency compared to traditional image formats (e.g. JPEG, GIF and PNG),
2. progressive decoding (by resolution and precision),
3. lossless JPEG transcoding,
4. support for both photographic and synthetic imagery,
5. graceful quality degradation across a large range of bitrates,
6. perceptually optimized reference encoder,
7. support for wide gamut and HDR,
8. support for animated content,
9. efficient encoding and decoding without requiring specialized hardware.
10. Lossless JPEG transcoding reduces JPEG size by around 16% to 22%
11. JPEG XL is visually lossless at about half the bitrate required by JPEG.

http://ds.jpeg.org/whitepapers/jpeg-xl-whitepaper.pdf

In short - it makes zero sense at the age of HEVC based formats.

The results show that 75 percent of the top 20 apps on iOS in the US were made by Apple, while Google made 60 percent of the top apps on Android. The top four apps on both platforms were made by their respective parent company.

https://www.theverge.com/2021/7/7/22549338/apple-google-apps-comscore-study-facebook