From the article: Wow, I had no idea that happened. After they moved to using Chrome (Chromium? I can't keep it all straight) as their browser engine I stopped paying attention. Ugh, that's just...
From the article:
Opera went public in mid-2018 based largely on prospects for its core browser business. Now, its browser market share is declining rapidly, down ~30% since its IPO.
Opera was purchased by a China-based investor group prior to its IPO. The group’s largest investor and current Opera Chairman/CEO was recently involved in a Chinese lending business that listed in the U.S. and saw its shares plunge more than 80% in just 2 years amid allegations of fraud and illegal lending practices.
Wow, I had no idea that happened. After they moved to using Chrome (Chromium? I can't keep it all straight) as their browser engine I stopped paying attention.
Post IPO, Opera has now also made a similar and dramatic pivot into predatory short-term loans in Africa and India, deploying deceptive ‘bait and switch’ tactics to lure in borrowers and charging egregious interest rates ranging from ~365-876%.
Ugh, that's just awful. And utterly bizarre. I guess it's kind of like how you end up with a basketball team named the "Utah Jazz".
From the article:
Wow, I had no idea that happened. After they moved to using Chrome (Chromium? I can't keep it all straight) as their browser engine I stopped paying attention.
Ugh, that's just awful. And utterly bizarre. I guess it's kind of like how you end up with a basketball team named the "Utah Jazz".