Ericsson AB (Nasdaq: ERIC) has launched an encoder outfitted with High Efficiency Video Coding (HEVC)/H.265, a new bandwidth-saving compression scheme that's expected to be about 50 percent more efficient than H.264. Ericsson sees H.265 being used to deliver live TV over mobile networks, though some also see the technology playing a role in the budding 4K/8K hi-def formats. H.265 was issued as a draft international standard in July. (See A Glimpse of Ultra-HD and Photos: Comcast/NBCU Ultra-HD Demo .)
Jay Leno let loose a few zingers on Monday after his new bosses forced The Tonight Show to lay off some staff, with the host reportedly taking a pay cut to prevent even deeper cuts. The show is still a late-night ratings winner, but it's just not as profitable, hence the budget cuts. But, as this segment of his opening monologue shows, Leno's having none of that.