Saturday, February 23rd 2008
Netscape Navigator to Officially Die Next Week
While most of us hardly even thought that Netscape was still seeing regular updates and security patches, AOL was making sure that exactly that was happening. Apparently, that's all going to stop next week, as AOL is hunting for ways to cut costs around the house. Neowin published a nice eulogy for the classic web browser all too many of us with dial-up grew to know all too well...
Source:
Neowin.net
Netscape was founded in 1994, and quickly won customers by providing software that made it easy for people to navigate the Internet. Netscape went public a year later and saw its stock price nearly triple on its first day of trading. At one point, the company had an $8 billion market cap and 90% of the Web browser market. But soon it all went south. Microsoft introduced its Internet Explorer browser and began eating into Netscape's market share. Microsoft later paid AOL, which bought Netscape in 2000, $750 million to settle antitrust charges.Netscape accounts for less than 1% of internet users now. Anyone known using Netscape has been sent an E-mail from the Netscape development team, urging an immediate switch to Firefox or Flock browsers.
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