Everyone has heard the rumors on the Gbrowser but no official comments from Google.

Again Yahoo seems to make a step further further than their competitors:

Yahoo Inc., owner of the most-visited Web site, may consider developing its own Internet browser to help attract more users and advertisers toits Web sites, Chief Executive Officer Terry Semel said.

“You could look to Yahoo to do most everything that makes sense on the Internet going forward,” Semel said Friday in an interview in New York. Developing a browser may make sense “at some point in time,” he said.

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Corelate that piece of info with:

However, a Yahoo spokesperson told ZDNet Australia on Tuesday( 16 March 2005) that the company would not launch any new products or services in the future without ensuring that they work on both IE and Firefox.

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And with the fact that 3 months later:

Yahoo has quietly updated its Instant Messenger software to be fully compatible with Firefox, almost three months after the company pledged to do so.

Source

And you will see on what Yahoo research labs are working and why they love Foxes…errrrrrr Deers

That proves once again how Yahoo has a good and very clear strategy while Google lacks one