Apple recently announced a bit of news that will set people in certain circles abuzz. The company's lossless audio codec, ALAC, is going open source. Similar to FLAC, the Apple Lossless Audio Codec offers some file compression while still delivering a bit-for-bit recreation of the original source material. The primary difference being that Apple devices and software do not support FLAC (at least without some tinkering) but can handle the Cupertino developed ALAC.
2DayBlog.com, Apple's lossless ALAC goes open source
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