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Apple Technology Shopping Microsoft Google Videos Blogs iPhonePublished: December 31, 2007
AOL has announced that it will stop updating Netscape Navigator, the browser that first brought the commercial Internet to the masses in 1994. Netscape, which once commanded more than 90 percent of the browser market, has fallen below 1 percent, far too low to justify the expense of ongoing improvements.
Netscape will always have its place in history, though. In addition to giving regular people easy access to the World Wide Web, Netscape also played a pivotal role in the U.S. government’s antitrust action against Microsoft. What’s more, a part of the company lives on in Mozilla, the non-profit organization behind the open-source Web browser Firefox.
Mozilla was spun off from Netscape with $2.3 million in capital back in 1998, the same year that AOL paid $4.2 billion for Netscape. Firefox now has about 16 percent of the browser market with Microsoft’s Internet Explorer has about 77 percent.