AOL announced Friday it has stopped development of the Netscape browser, indicating it doesn't want to invest the big bucks it would take to challenge the dominance of Microsoft's Internet Explorer, reports InformationWeek.
While it once held 90 percent of the browser market, Netscape Navigator now accounts for less than 1 percent.
In a blog post, it encouraged the Netscape faithful to make the move to Firefox. The company said Netscape has little chance of gaining market share on Explorer and AOL wants to concentrate on its transition to an ad-supported Web business, notes PCWorld.com.
The company said it will end support for Netscape Navigator on Feb. 1.