See http://openid.net/2014/02/26/the-openid-foundation-launches-the-openid-connect-standard/ and the tweet at @openid.
This was also already favorably covered by TechCrunch: http://techcrunch.com/2014/02/26/openid-foundation-launches-openid-connect-identity-protocol-with-support-from-google-microsoft-others/. Cheers, -- Mike
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