The newly revitalized America Online is planning to release its own stand-alone web browser. What is most interesting about this however is that the company that owns Netscape, once the king of web browsing, will not be basing its browser on Mozilla/Netscape technology but IE's.
Microsoft last year granted AOL a seven-year royalty-free license to use IE technology in its products. The license was one of many concessions that Microsoft offered AOL as part of a $750 million settlement in an antitrust lawsuit filed by Netscape in January 2002.