Microsoft just wrote the final chapter in a historic rivalry that defined the early years of the Web – and which became Exhibit A in its anti-trust showdown with the US government.

We hear that the legal remains of Netscape – along with its patents – have just been traded to Microsoft by AOL as part of a landmark $1.1bn deal. More than a decade after it was vanquished in the browser wars, Netscape really does seem to be worth more dead than alive. Read more

RockMelt, the social web browser, has secured $30m in Series B funding from some of the biggest names in venture capital, and added Jim Breyer at Accel Partners and Vinod Khosla at Khosla Ventures to its board of directors as observers.

Both were brought on by early investor Marc Andreessen, partner at Andreessen Horowitz and founder of Netscape, the first widely used web browser. Read more

  • The Department of Justice has started an informal review of the exclusive arrangements that limit handsets such as Apple ’s iPhone to particular wireless communications companies, according to people familiar with the matter.
  • EMC upped the ante in the battle for Data Domain, offering $2.4bn, or $33.50 a share, for the innovative data storage company that had agreed to be purchased by NetApp. The bidding war, rare for the technology industry, reflects the perception that Data Domain’s technology will be especially important as the storage industry evolves.

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