Chrome rules the web: What Google’s browser has in common with Queen Victoria

Chrome rules the web: What Google’s browser has in common with Queen Victoria

Aug 10th 2013 |From the print edition

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EMPIRES rise and fall swiftly on the internet. Google’s Chrome browser, which celebrates its fifth birthday next month, has captured much of the territory of older browsers and is now responsible for about 43% of all the web traffic generated by the world’s desktop computers. When Chrome was launched the dominant browser was Microsoft’s Internet Explorer (IE), with a 68% share—it is now down to just 25%. It is only 20 years since Mosaic, the first browser capable of combining words and images in a single page, was made available. Some of its developers went on to launch Netscape, an improved version, in 1994, just as the internet was taking off. But Netscape’s dominance quickly crumbled after Microsoft started bundling IE with its Windows operating system. IE and Microsoft’s other software became so prevalent that in 2000 an American court briefly contemplated breaking the company into two. By 2010, when the European Commission forced Microsoft to start offering Windows users a choice of browsers, many were switching anyway, especially to Mozilla’s Firefox. Now Chrome is increasingly pushing Firefox to the margins. Measuring browser use is difficult and subjective: one source shows that IE is still in front in terms of numbers of visitors to websites. But for e-commerce, share of traffic matters more. By this measure Chrome now dominates much of the planet. Like the boast made of the British empire in Queen Victoria’s time, the sun never sets on its dominions.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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