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Today's video tutorial demonstrates how to reduce the file size of JPEGs and PNG images, which is important for tasks like reducing email attachment size and improving website loading speed. The tutorial introduces two free tools, tinypng.com and tinyjpeg.com, which can easily compress image files. Users can either upload files directly or drag and drop them onto the site. The process is simple and effective, with the tool working to reduce the file size of an example image from 2.45 megabytes. Links to both sites are provided in the description.