Explain Atom 1.0 and IETF standardization?

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In 2004, discussions began about moving the project to a standards body such as the World Wide Web Consortium or the Internet Engineering Task Force (IETF). The group eventually chose the IETF and the Atompub working group was formally set up in June 2004, finally giving the project a charter and process. The Atompub working group is co-chaired by Tim Bray (the co-editor of the XML specification) and Paul Hoffman. Initial development was focused on the syndication format.
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