NEWSFLASH - Netscape flees Australia

NEWSFLASH - Netscape flees Australia

Netscape has finally admitted defeat and is reportedly ready to wind up its Australian operations.

According to sources, Netscape, which has been doing it tough since its decision to supply its Web browser free and bank on the success of SuiteSpot, will shut down its Melbourne office and run the Australian business from Singapore.

Netscape Australia officials are reportedly working with head office in the US to finalise arrangements and will issue a formal statement later today.

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