First of all, it should be noted that many people associate Mozilla and its Firefox browser with Google. Indeed, Google has invested a lot of money in Mozilla's products over the last couple of years. The sum was really huge - at least $100 000 000 a year. This was the fee for Google's privilege of remaining the default search engine in Mozilla Firefox.
At the same time, most experts assume that Mozilla's income was heavily dependent on Google's payouts. Some of them say that this was the lion's share - some 85% of Mozilla's net income, Market Leader reports.
According to Masterforex-V Academy, Europe's Best Online Forex Coaching Website since 2009, Mozilla is now having a hard time financing its projects since the cooperation between Google and Mozilla now seems to be over. The thing is that the latest agreement was signed in 201. it has now expired and is not expected to be renewed any more.
Apparently, this is a logical step since Google's browser named Google Chrome has matured and makes rival to Firefox and other major browsers out there. Still, there are rumors that Mozilla has signed a 5-year contract with Yahoo! It this is true, we are going to see Yahoo! as the default search engine within the scope of the forthcoming updates of Mozilla Firefox.
Meanwhile Google is cooperating with a major Australian operator when testing its Project Loon Google. It should be noted that Project Loon Google is a fairly ambitious project. This one is gradually coming to life, with some 20 test flights planned in Australia in December 2014.
As for Google's stock, it is down by 0,63% since the start of todays' trading session. The price is currently staying around $543,76 per share, which is confirmed by the chart below, courtesy of Masterforex-V Academy.
