Microsoft Corp. is giving its Web browser software its first major upgrade in years, amid signs that Internet Explorer's market share is eroding. Microsoft has been heavily testing the new browser, releasing five beta versions over 14 months, and has periodically offered security updates for IE6, first released in 2001.
Still, a lag of more than five years between official releases has cost the company. Web analysis company WebSideStory estimates that Internet Explorer's U.S. market share is about 86 percent, while Firefox commands about 11 percent of the market and smaller offerings account for the rest. Two years ago, IE had about a 93 percent share.
Microsoft is offering IE7 as a free download now.
Tags: Microsoft Corp, Internet Explorer 7, Web Browser, WebSideStory, Firefox
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