Mozilla Foundation just launched Firefox 3 Beta 2, the second beta candidate of the third iteration of its popular web browser. It will likely release the final version of Firefox 3 within a month.

On the other side of the field stands browser industry leader Microsoft, whose current offering is Internet Explorer 7, released in October of last year. IE7 represented a marked improvement for the Internet Explorer series, adding features like tabbed browsing and shoring up security. However, faced with a hungry new ‘Fox, Microsoft is hard at work preparing the next iteration of its IE line.

Now major news is coming from Microsoft as it speaks publicly for the first time about IE8 on its development blog. It says the first beta candidate would be delivered in the first half of 2008. Microsoft has announced that it will focus its efforts on multi-platform support and compatibility. It also says it will fix the Cascading Style-Sheet (CSS) issues that crept up due to improvements to CSS in the IE7 release.

Source: DailyTech