AOL Time Warner disbands Netscape. The Mozilla Foundation is established on the same day.
WarnerMedia
Warner Media, LLC was an American multinational mass media and entertainment conglomerate owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City.
Netscape
Netscape Communications Corporation was an American independent computer services company with headquarters in Mountain View, California, and then Dulles, Virginia. Its Netscape web browser was once dominant but lost to Internet Explorer and other competitors in the first browser war, with its market share falling from more than 90 percent in the mid-1990s to less than one percent in 2006. An early Netscape employee, Brendan Eich, created the JavaScript programming language, the most widely used language for client-side scripting of web pages. A founding engineer of Netscape, Lou Montulli, created HTTP cookies. The company also developed SSL which was used for securing online communications before its successor TLS took over.
Mozilla Foundation
The Mozilla Foundation is an American non-profit organization that exists to support and collectively lead the open source Mozilla project. Founded in July 2003, the organization sets the policies that govern development, operates critical infrastructure, and controls Mozilla trademarks and copyrights. It owns two taxable subsidiaries: the Mozilla Corporation, which employs many Mozilla developers and coordinates releases of the Mozilla Firefox web browser, and MZLA Technologies Corporation, which employs developers to work on the Mozilla Thunderbird email client and coordinate its releases. The Mozilla Foundation was founded by the Netscape-affiliated Mozilla Organization. The organization is currently based in the Silicon Valley city of Mountain View, California, United States.