According to the Wall Street Journal the browser will be called Google Chrome and is designed to deliver enhanced address-bar features and new capabilities not found on other web browsers. The product will be open-sourced so that partners developing additional capability for the browser can easily write new code.
WSJ claims that news of the project spread after an unconventional leak. Google Blogoscoped, a blog that follows the company, reported Monday that Google had sent it a comic book outlining the specifications of the browser – which include a new format for "tabs" and the ability to view Web pages as thumbnails.
While the new browser will go head to head with Microsof't's Internet Explorer it could well create problems for the Mozilla Foundation, the organisation that builds the free Firefox browser. Last week Google renewed their agreement to partner with the Foundation which was set to expire in November, extending it until 2011.