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  Netscape getting squeezed out by IE
Time: 13:01 EST/18:01 GMT | News Source: News.com | Posted By: Byron Hinson

Despite new technology, Netscape continues to lose ground to Internet Explorer, which now has well over 90 percent of the market. A twice-yearly study from StatMarket, a division of WebSideStory, showed that despite recent technological advances, AOL Time Warner's Netscape browsers, which use technology from the open-source Mozilla project, have ceded more ground to Microsoft's Internet Explorer. According to the study, Netscape browsers are losing market share at a steady clip, falling to a new low of 3.4 percent as of this week. A year ago, Netscape Communications' market share stood at 13 percent, but fell steeply to 7 percent by March as IE 6 gained popularity.

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