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+ - CEO Credits Chrome to Larry, Sergey's Sneakiness 2

Submitted by theodp
theodp (442580) writes "If one was asked to cite a modern-day example of The Trojan Horse, the Firefox-Mozilla situation might come to mind. And that was before last week's Chrome Event, in which Google CEO Eric Schmidt gave Larry Page and Sergey Brin kudos for Chrome's existence, explaining that the pair 'sneakily' hired engineers to work on Firefox before secretly cranking out Chrome for Google: 'From my very first day at Google,' recalled Schmidt, 'they [Larry & Sergey] made clear that we should be in the browser business and the OS business. Not being interested in either, I said no. But they rather sneakily hired a number of brilliant computer scientists to work on the amazingly successful Firefox browser, which Google helped fund through an advertising agreement — and that core team went on to create Chrome' (video @5:50). Be interesting to know what the IRS, which has been scrutinizing the tax status of the funds Mozilla received from Google for years, will make of this revelation."
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CEO Credits Chrome to Larry, Sergey's Sneakiness

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  • >> Be interesting to know what the IRS, which has been scrutinizing the tax status of the funds Mozilla received from Google for years, will make of this revelation."

    I don't get that comment. How is Mozilla's tax status in any way affected by the intent of some guys at Google, which could not be known?

    • by theodp (442580)

      According to reports, Mozilla was blindsided on this. IANAL, but one wonders if Google's contributions could be construed to fall into the IRS Contributions From Which You Benefit [irs.gov] category ("If you receive or expect to receive a financial or economic benefit as a result of making a contribution to a qualified organization, you cannot deduct the part of the contribution that represents the value of the benefit you receive."), and what the repercussions of that - if any - might be on Mozilla and/or Google.

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