Chromium Blog: HTML Video Codec Support in Chrome.
Key sentence from above article:
"Though H.264 plays an important role in video, as our goal is to enable open innovation, support for the codec will be removed and our resources directed towards completely open codec technologies."
Key comment from Slashdot on above article:
"This serves two strategic purposes for Google. First, it advances a codec that’s de facto controlled by Google at the expense of a codec that is a legitimate open standard controlled by a multi-vendor governance process managed by reputable international standards bodies. (“Open source” != “open standard”.) And second, it will slow the transition to HTML5 and away from Flash by creating more confusion about which codec to use for HTML5 video, which benefits Google by hurting Apple (since Apple doesn’t want to support Flash), but also sucks for users."
Google, just when I started to like you again. I turned away from you for about a year and a half because you pissed me off with the Buzz thing. Now you go and do this.