The World Wide Web Consortium (W3C) recently announced that HTML5 has reached last call status, which opens the standard to industry scrutiny.
However, HTML5 could still see significant changes before it is released to the public. "In practice, last call announcements generate comments that sometimes result in substantive changes to a document," the W3C says.
The consortium has been experiencing some philosophical tension with the Web Hypertext Applications Technology Working Group (WHATWG) with regard to how HTML5 should be developed. W3C wants to methodically standardize HTML5 in 2014, while WHATWG wants the shift to be a more fluid, constant development process.
HTML5 is expected to promote video and audio to the level of standard graphics, instead of relying on plug-ins such as Adobe Systems' Flash Player. Canvas is another big part of HTML5, because it can handle all types of two-dimensional graphics from computer-generated bar charts to an online game playing field. HTML5's parser technology is based on a study of how HTML is used in practice on the Web. HTML5 also would promote Document Object Model to an official status.
From CNet
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