The Mozilla Foundation is putting its weight behind an effort to create an open video format on the Web. It is doing this by giving $100,000 in grant money, to be administered by the Wikimedia Foundation, towards the development and support of Theora, an open-source video codec. More importantly, it is also building support into the Firefox Web browser for both Theora and Vorbis, an open source… → Read More
Today, the (for-now) non-profit Mozilla Foundation released its financial statements for 2007 (embedded below). Revenues for the organization behind the open-source Firefox browser were up 12 percent to $75 million, with search-related royalties from Google accounting for 88 percent of the total, or $66 million. (Another $2 million or so came from other search engines). Those revenues come from… → Read More
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