While Google's Chrome supports both Theora and H.264 for HTML5 video, Google chose H.264 over Theora for YouTube.
This was rather disappointing since I was hoping that Google would go for the open format. However yesterday's word from OSNews that Google is helping to fund an ARM port of Theora makes me much more optimiztic.
It seems that Google is actually saying that we do need a free and open baseline codec for the Web, and I couldn't agree more. After all, the foundation of the Web should be built on free and open standards and technologies. That's the only viable way to move the Web forward, and it wouldn't even have existed today without it.
So now Opera, Mozilla and Google all seem to be in agreement on that the foundation needs to be.
How will Apple and Microsoft respond?
And how does Google's acquisition of On2 fit into all of this?