Tech Netscape is Dead
posted by December 28 at 16:12 PMon
Netscape is no more.
Netscape, the Web browser once used in 80 percent of all Internet sessions, will be shut down by AOL after failing to regain market share from Microsoft Corp.’s Internet Explorer.
Netscape users should switch to Mozilla Foundation’s Firefox browser, Netscape director Tom Drapeau wrote on his blog. America Online Inc. paid $9.8 billion in 1999 for Netscape, which by then had been crippled by Microsoft.
You gotta love this quote…
“AOL’s focus on transitioning to an ad-supported Web business leaves little room for the size of investment needed to get the Netscape browser to a point many of its fans expect it to be,” Drapeau said.
Netscape had fans? And who’s gonna shut down AOL after its transition to an “ad-supported Web business” ultimately fails?