This white paper discusses various video compression techniques and standards. It explains that JPEG is used for still images while MPEG is used for video. The two main early standards were JPEG and MPEG-1. Later standards like MPEG-2, MPEG-4, and H.264 provided improved compression ratios and capabilities. Key techniques discussed include lossy compression, comparing adjacent frames to reduce redundant data, and balancing compression ratio with image quality and latency considerations for different applications like surveillance video.