The Wi-Fi Alliance, an organization that certifies wireless industry standards, announced the specification for a new format for transmitting data over the air at speeds up to 10 times faster than today's top-of-the-line hotspots. In cooperation with the Wireless Gigabit Alliance, the Wi-Fi Alliance will lobby wireless networking manufacturers, like Linksys and D-Link, to build the new WiGig format into upcoming products over the next couple years. At a speed of 7 gigabits per second, WiGig can easily handle the transfer of high-def video. That positions it as a replacement for wired HDMI connections or optical audio cables.