Battle of the Web Browsers

Google Popularity Ousts Microsoft From Top Spot

Internet competition heated up in December but this time between web browsers as Firefox knocked Internet Explorer off the top spot for the first time in a major market.

Internet Explorer is facing increasing competition from newer web browsers

Mozilla's open-source application became the most used internet browser in Europe with 38.1% market share, according to the web analytics firm StatCounter.
The Microsoft browser's popularity fell to 37.5% from nearly 45% a year ago.
However the change in consumer attitudes was more a reflection on Google Chrome's success than the Mozilla open-source application.
Whereas Firefox use has remained steady, over the past year Chrome has nearly tripled its share of the European market to 14.6%.
StatCounter chief Aodhan Cullen said: "We are probably seeing the impact of the agreement between European Commission competition authorities and Microsoft, to offer EU users a choice and menu of browsers from March last year."
Following an EU antitrust probe, Microsoft began offering European customers a choice of browsers on the 100 million PCs that use Windows software.

Top 5 Browsers In The UK

:: Internet Explorer 50.4% :: Firefox 23.3% :: Chrome 16.5% :: Safari 7.6% :: Opera 1.1% source: Skynews
2:41pm UK, Wednesday January 05, 2011
Goldie Momen Putrym, Sky News Online
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Market Snapshot 6th January 2011

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Todays Market - 29th October 2010

Market News and Views

The FTSE 100 is called to open lower this morning tracking the performances on Wall Street and in Asia overnight as investors wait on the sidelines for more news on the state of the US economy ahead of next week's FOMC meeting. Today's focus will be on the advance reading of the US GDP number at lunchtime followed by other US data later in the session (see below). Overnight news from the UK saw consumer confidence register a small rise in October according to GfK NOP to -19, which was seen as a surprise.

Today's Company announcements

WPP Q3 Trading Update. Reports that revenues in the period rose over 12% to £2.25bn and lfl revenue growth accelerated to 7.5%, its strongest quarter for 10 years with reported revenues now up over 6% in the first 9 months. It noted that it was on course to exceed its full year operating margin target of a one margin point improvement with America and traditional media 'continuing to bite back'. However, it added that the current strong improvement in growth rates, particularly in the US would not last forever.

British Airways Interim Results sees its first six month profit in 2 years of £158m on the back of fare rises and cost cutting with revenues up over 8% to £4.45bn. Average passenger revenue/yield rose over 17% to 7.02p. It described the increase in the UK's Air Passenger Duty which takes effect on 1 November as 'unhelpful' in an uncertain economic environment but sa