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Submission + - Adobe folds on Flash, embraces HTML5 1

Macgrrl writes: Reported in The Age newspaper today, Kevin Lynch, Adobe Chief Technology Officer, has announced that Adobe will be endorsing Apple's preferred HTML5 video format.

While Adobe will continue to work on Flash, they look forward to embracing the exiciting new possibilities offered by HTML5 and consequently the gateway onto the iPhone/iPad ecosystem.
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Adobe folds on Flash, embraces HTML5

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I took a fish head to the movies and I didn't have to pay. -- Fish Heads, Saturday Night Live, 1977.