Without getting into too many technicalities, WebP incorporates a new encoding algorithm, making the image format superior to PNG, which has been around since 1997, and the even older JPEG image ...

WebP is an image format that Google released in 2010. It’s partly based on VP8, a technology that compresses video files to reduce the amount of storage capacity they require.

Google quietly corrects previously submitted disclosure for critical webp 0-day Previous CVE submission failed to mention that thousands of apps were affected.