Mozilla and Google have been reported by ZDNet to make an agreement to keep Google as the default search engine in the Firefox browser until 2023. However, the news has not yet been officially announced by either of the companies. As per the estimates of ZDNet, the deal between two tech giants is worth around $400 to $450 million per year. The companies are expected to announce the news officially later this fall. The current arrangements which have now been extended to 2023 were to be expired by the end of 2020.
Earlier this week, Mozilla announced to lay off 250 workers, which accounts for almost a quarter of its entire workforce. According to the CEO of Mozilla, the Covid-19 pandemic has drastically impacted its revenue. Mozilla makes most of its money by setting different search engines as defaults and getting paid by the respective companies.
Mozilla’s market shares have been dropped incredibly over the past few years. Let’s hope that this new deal between Mozilla and Google does some wonders in upscaling Mozilla’s revenue.