In its never-ending quest to deliver technical innovation, renewed behaviors and refreshed revenue streams, today Google launched a Beta version of their new “open source” Internet browser.

The browser is called Google Chrome. Promises are faster browsing, integration with the open source community Google Gears and a Javascript VM. The browser will also change the way users browse content–with a revised tab structure and a ready-at-hand gallery of your most visited sites as you launch the browser.

On the heels of the launch of Microsoft Internet Explorer 8, also in Beta format and available for public download, Google Chrome is following suit with special new privacy features; principally an “incognito” session/window which enables users to browse without passing browsing data to a computer.

This certainly creates a lot of dialogue about the future of browsers

It was announced today that, after three years of development, Mozilla will release Firefox 3, a refreshed version of their popular browser which has become a serious competitor to Microsoft’s Internet Explorer .

According to an article from Newsfactor.com by AP writer, Nedra Pickler, which was published today: “Firefox already has more than 18 percent of the global market, according to Net Applications. With the release of Firefox 3, Mozilla could see a boost in downloads and market share. Microsoft’s next version of Internet Explorer won’t come to market until later this year.” According to the article, the major focus of the release is on security and personalization.

It will be interesting to see how this new release will fit into the “browsersphere”.

Several months of talks of an acquisition of the pioneering search engine, Yahoo!, by Microsoft ended today. On the same day, an announcement was made that Yahoo! signed a deal with the other giant, Yahoo!’s to-date rival, Google. Reports on the deal are that Google ads will now appear in certain Yahoo! Search Results.

The next couple of months should be very interesting to watch.

Story from CNN Money, Thursday, June 12, 2008.