Both of these have been posted to Slashdot already, but it's worth mentioning here as well.
First of all, Mozilla 1.4a has been released. See the Release Notes for more information.
Second, it seems the Mozilla organization is making a radical change of direction with their latest development roadmap update. The two major highlights:
Re: Mozilla Updates
::drool:: .. finally, phoenix will rise again ;)... and im itching to see minotaur in action
Re: Mozilla Updates
yeah, but I'm rather partial to Mozilla as it is. I'm not currently a big fan of Phoenix, except on low-end hardware, so I'm reserving judgement on this move until I see what they can deliver.