According to The Mozilla Blog, Google paid just shy of $300 million per year to be the default choice in Mozilla’s Firefox browser. The total amount is almost $1 billion, a large leap from its previous arrangement, due to competing interest from both Microsoft and Yahoo.
Chrome engineer Peter Kasting spent Christmas Eve posting a Google Plus “rant” to discuss how misunderstood the transaction is amidst a firestorm of media reports that accuse the search engine giant of funding a web competitor.
Referencing MG Siegler’s Google Plus post on the matter, Kasting felt compelled to respond.
“People never seem to understand why Google builds Chrome no matter how many times I try to pound it into their heads,” wrote Kasting. ” It’s very simple: the primary goal of Chrome is to make the web advance as much and as quickly as possible. That’s it.”