OSNews

Mitchell Baker, chairperson of the Mozilla Foundation and former CEO of Mozilla corporation has posted a report the details the financial status of Mozilla for this year. "Our revenue remains strong; our expenses focused. Mozilla's revenues (including both Mozilla Foundation and Mozilla Corporation) for 2007 were $75 million, up approximately 12% from 2006 revenue of $67 million. As in 2006 the vast majority of this revenue is associated with the search functionality in Mozilla Firefox, and the majority of that is from Google. The Firefox userbase and search revenue have both increased from 2006"