A Google Browser?

I just happened upon this story. Looks like google hired the lead firefox engineer. They also were known to have recently hired several IE developers and have secured the domain gbrowser.com. What do you all think Google is up to? Could it be that Firefox is going to fork into a browser that has large corporate browsing???

http://www.reuters.com/newsArticle.jhtml?type=internetNews&storyID=7422857

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