Last week Google and Mozilla reached an agreement to extend their advertising deal for another 3 years:
Mozilla, the organization behind the popular Firefox web browser, has extended its search deal with Google for another three years. In return for setting Google as the default search engine on Firefox, Google pays Mozilla a substantial sum - in 2006 the total amounted to around $57 million, or 85% of the company’s total revenue. The deal was originally going to expire in 2006, but was later extended to 2008 and will now run through 2011.
The deal will ensure that the Mozilla foundation will be able to continue with the development of Firefox, its mail client Thunderbird, and a number of other applications. From Mozilla CEO John Lilly:
“We’re very, very happy about our relationship with Google and this makes sure that Mozilla will be sustainable and thrive for quite a long time to come”.
More info at Tech Crunch. Yesterday Google rolled out a beta version of a new browser called Chrome.