Mozilla and Google are expected to extend their existing search contract for 3 years, and several resources were told to ZDNet.
The new search agreement will keep Google the default search engine provider in the Firefox browser until 2023, with an estimated value of between $400 million and $450 million according to the year.
Mozilla officials are expected to announce the extension of the study agreement by the end of this fall in November, when the organization must know its monetary figures for 2019.
The terms of the new agreement were leaked to the reporter after Mozilla announced plans to fire more than 250 workers on Wednesday, leading to fears among many users about the browser manufacturer’s long-term, as Mozilla’s existing Google search agreement ultimately expires. of the year.
However, several resources showed that the organization was financially sound and that layoffs were a component of a restructuring of its core business, with Mozilla moving away from its current role as Head of Internet Criteria and its experimental technique to its product catalog to be more commercially viable. for offers that generate profits on their own.
Mozilla’s long-term plan is to create its own revenue streams from the subscription and decrease its reliance on Google’s search agreement, which traditionally accounted for between 75% and 95% of the organization’s overall annual budget as early as 2006, when the two corporations began to take part (with a break between the 2014 and 2017 Array when Mozilla signed a similar agreement with Yahoo).
Yesterday’s layoffs reflect this plan, with Mozilla finishing its risk control security team, software engineers running Mozilla’s experimental servo browser engine, developers who organize the Mozilla Developer Network portal and Firefox team progression tools. Sources described layoffs as overstaffed in spaces that the organization did not plan to prioritize in the future.
Working on open criteria and protocols will take a step back in short-term marketing efforts, however, Mozilla does not plan to give up its paintings at all in the progression of internet netpaintings and will likely return to its role as Internet custodian once you subscribe. -based ensure the long-term survival of the company.
Current plans come with the strengthening and expansion of its newly introduced VPN service and, perhaps, deepening the acquisition of next-generation corporations that can simply seamlessly join your product catalog as independent profit streams.
When asked to comment, a Mozilla spokesperson said the organization had nothing to comment on at this time; However, in a post-release response, Mozilla showed our report and the following statement:
“Mozilla’s search partnership with Google is in progress, with Google as the default search engine in Firefox browser in many parts of the world. We’ve recently extended the partnership and appointments do change.”
Article updated at 8:05 pm ET with a Mozilla item.
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