The new technology, dubbed TraceMonkey, promises to speed up Firefox's ability to deliver complex applications.
The move heightens the threat posed by a nascent group of online alternatives to Microsoft's most profitable software: PC applications, like Microsoft Office, that allow Microsoft to burn hundreds of millions of dollars on efforts to seize control of the online world. Microsoft's Business Division, which gets 90% of its revenues from sales of Microsoft Office, spat out $12.4 billion in operating income for the fiscal year ending June 30.
Google
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), however, is playing a parallel game, using profits from its online advertising business to fund alternatives to Microsoft's desktop offerings. Google already says it has "millions" of users for its free, Web-based alternative to desktop staples, including Microsoft's Word, Excel and PowerPoint software.
The next version of Firefox, which could debut by the end of this year, promises to speed up such applications, thanks to a new technology built into the developer's version of the software last week. Right now, rich Web applications such as Google Gmail rely on a technology known as Javascript to turn them from lifeless Web pages into applications that respond as users mouse about a Web page.
TraceMonkey aims to turn the most frequently used chunks of Javascript code embedded into Web pages into binary form--allowing computers to hustle through the most used bits of code--without waiting around to render all of the code into binary form.
I did send a very lenghthy comment to Brian Caulfield, the Forbes author of this article. Of course, i disagreed with his perspective. TraceMonkey is great, performing an acceleration of JavaScript in FireFox in much the same way that Squirrel Fish accelleratees WebKit Browsers. What Brian misses though is that the RiA war that is taking place both inside and outside the browser (RIA = fully functional Web applications that WILL replace the "client/server" apps model)