Currently, Mozilla Corp. is facing challenges, with its CEO recently departing and its share of the browser market dwindling. Despite this, Mozilla has a history of overcoming adversity, having been launched after the collapse of Netscape Communications in 2003. The company released the Firefox browser in 2004, positioning itself as a viable alternative to Microsoft’s Internet Explorer. However, it has faced stiff competition from Google Chrome, resulting in a significant loss of market share.
Despite efforts to position Firefox as a privacy-focused browser, its market share has continued to decline. Mozilla’s business model, as a wholly owned subsidiary of the nonprofit Mozilla Foundation, makes it challenging to monetize “free” products. Without a marketing budget, the company relies on donations to survive.
To remain competitive, Mozilla needs to find a path to profit and become self-sustaining. Otherwise, it risks being unable to compete with other major players in the browser market.
2024-03-18 23:00:04
Post from www.computerworld.com
