What's the difference between PNG and JPEG?

Related questions

1. How do I make a high resolution JPEG?
2. Is JPG lossy or lossless compression?
3. Which is better JPG or JPEG?
4. What is JPEG compression quality?
5. Why is JPEG used?
6. What quality should I use for JPEG?
7. Is PDF better than JPEG?
8. What is the difference JPEG and JPG?
9. What is JPEG best used for?
10. Is JPEG good for printing?

Tags

1. #reduce
2. #quality
3. #difference
4. #algorithms
5. #algorithm
6. #larger
7. #compression
8. #usually
9. #image
10. #change
11. #lossy
12. #between
13. #discards
14. #information
15. #order