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  The Monkey On Microsoft's Back
Time: 06:06 EST/11:06 GMT | News Source: Forbes.com | Posted By: Kenneth van Surksum

Poor Microsoft. This week, the Redmond, Wash., giant is gearing up for the next big release of its Web browser, a leap from Internet Explorer 7 to IE 8. When open-source competitor Mozilla released its last update of Firefox in June, the Web went wild: People downloaded more than 8 million copies in 24 hours.

Microsoft's release might not have such a frat party feel. Even as it gears up to release IE 8, the developers behind the Firefox Web browser are experimenting with a new technology that sharpens the threat their browser software poses to Microsoft's most valuable businesses. The new technology, dubbed TraceMonkey, promises to speed up Firefox's ability to deliver complex applications.

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