How can the <TITLE> tag be used to customize the title displayed in the Windows status bar?

To customize the title displayed in the Windows status bar, the <TITLE> tag in the HTML document needs to be used. By setting the <TITLE> tag in the <head> section of the HTML document, the specified title will be displayed in the browser tab and in the Windows status bar when the webpage is loaded.

&lt;!DOCTYPE html&gt;
&lt;html&gt;
&lt;head&gt;
  &lt;title&gt;Custom Title Here&lt;/title&gt;
&lt;/head&gt;
&lt;body&gt;
  &lt;h1&gt;Welcome to my website&lt;/h1&gt;
  &lt;p&gt;This is some content on the webpage.&lt;/p&gt;
&lt;/body&gt;
&lt;/html&gt;