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Compresses each file individually, creating a $fileneame.tar.gz and removes the uncompressed version, usefull if you have lots of files and don't want 1 huge archive containing them all. you could replace ls with ls *.pdf to just perform the action on pdfs for example.
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Should do exactly the same - compress every file in the current directory. You can even use it recursively:
gzip -r .
If you can do better, submit your command here.
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