Print 16 comment(s) - last by Trisped.. on May 30 at 6:27 PM

The purchase could not only enhance the social network's limited mobile experience, but also help Facebook draw in mobile game developers and improve mobile monetization

Facebook may be looking to purchase web browser Opera in an effort to enhance the social network's mobile experience, but such a takeover would cost it around $1 billion.

In many ways, Facebook is one of the internet's top dogs. It has over 900 million active users, and just recently launched the largest initial public offering (IPO) in history with a valuation of over $100 billion.

However, there is one thing Facebook doesn't have: a stellar mobile experience.

Prior to the IPO launch, many investors worried that Facebook hadn't found a way to make money from an increasing number of users who log on to Facebook using mobile devices. The company's amended S-1 filing with the Securities and Exchange Commission earlier this month mentioned that Facebook revenue will decline as more user's access the site from mobile devices instead of PCs.

"If users increasingly access Facebook mobile products as a substitute for access through personal computers, and if we are unable to successfully implement monetization strategies for our mobile users, or if we incur excessive expenses in this effort, our financial performance and ability to grow revenue would be negatively affected," said the filing.

Now, Facebook is looking to purchase Opera Software in hopes of addressing its mobile problems. The purchase could not only enhance the social network's limited mobile experience, but also help Facebook draw in mobile game developers and improve mobile monetization.

Opera is the perfect answer for Facebook, considering it is available on many different phones and works on various operating systems. Opera makes browsers capable of spanning many platforms like smartphones, PCs, TVs and tablets.

In addition, Opera can compress data by 90 percent, which helps users save money on data charges. The browser can also display advertisements efficiently, and it has significant market share in markets where Facebook is barely present, like India and Brazil.

However, $1 billion for an Opera Software purchase is a pretty hefty sum. Neither Facebook nor Opera have confirmed the bid, but Facebook could face trouble with competitors like Google who want in on Opera as well.

Google and Opera already have a solid relationship due to Opera being a default search partner worldwide outside of Russia/CIS. This means that the search giant likely won't let Facebook step in so easily.

Facebook recently made a $1 billion purchase of photo sharing program Instagram in order to help its mobile presence, but the U.S. Federal Trade Commission (FTC) is currently investigating the acquisition because it is over $68.2 million.

There are also reports that Facebook will launch a phone of its own by next year, and may be plotting to purchase HTC to do so. The phone is code-named "Buffy" for now, and will have HTC hardware with Facebook making the software.

Source: Reuters

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By Motoman on 5/29/2012 11:26:06 AM , Rating: 5
Report: Dedicated Opera Users Dropping Browser Like a Prom Dress Following Acquisition by Facebook

RE: Xp
By Reclaimer77 on 5/29/12, Rating: 0
RE: Xp
By Spuke on 5/29/2012 11:33:12 AM , Rating: 2
Well, there's Motoman and...

RE: Xp
By Makaveli on 5/29/2012 12:53:55 PM , Rating: 2
I don't really care for opera on a desktop machine but on a mobile devices its very good.

It is the primary browser on my Blackberry.

RE: Xp
By Xonoahbin on 5/29/2012 1:54:49 PM , Rating: 2

That explains a lot.

RE: Xp
By retrospooty on 5/29/2012 2:00:16 PM , Rating: 2
LOL... Dinosaur phone aside, Opera works great on my Android 4 phone (droid 3 with Cyanogenmod)... Then again, so does the default browser and dolphin as well.

RE: Xp
By ShaolinSoccer on 5/29/2012 2:49:46 PM , Rating: 2
I been using Opera on my Sony Tablet S. It renders text on some sites better than Dolphin or the default browser.

RE: Xp
By DarkUltra on 5/30/2012 3:18:04 PM , Rating: 2
I use firefox for gmail, calendar, IE for facebook and banking, but Opera for everything else. I can have scores of tabs open, and I enable legacy keyboard input so I can cycly through tabs with 1 and 2. ctrl-w closes and ctrl-click opens link in background tab. Excellent when you browse through a lot of images.

RE: Xp
By sheh on 5/29/2012 3:48:16 PM , Rating: 2

(some text to appease post blocking.)

RE: Xp
By Camikazi on 5/29/2012 4:18:05 PM , Rating: 2
For Android Opera Mobile is one of the better ones, it's the one I use on my phone even though I can't stand Opera for the desktop.

RE: Xp
By Rand on 5/29/2012 9:46:05 PM , Rating: 2
I use Opera, and yes I would drop it in a second if Facebook buys Opera.

By nodamnspam on 5/29/2012 9:41:28 PM , Rating: 3
I've used Opera since hell I can't remember. I actually paid for it long ago before it went free. (I'm talking around the time of the launch of Anarchy Online). I have complete confidence facebook will turn it into an ad serving privacy destroying facebook client. Oh well.. was a good run Opera... guess It'll be 11.64 forever.

By DarkUltra on 5/30/2012 3:21:40 PM , Rating: 2
You should try Opera Next. It is reasonably reliable by now and the hardware acceleration have really improved in the latest build, scrolling google image search is nearly as smooth as IE10. Easier to see on a 120Hz monitor.

By Trisped on 5/30/2012 6:27:59 PM , Rating: 2
I expect Opera will be allowed to run independently. Facebook probably wants Opera to provide a customized browser for their upcoming phone. The phone will probably focus on Web content, as this is where most of Facebook's revenue currently is.

Might help Android
By MonkeyPaw on 5/29/2012 1:09:16 PM , Rating: 2
Maybe if they use Opera's mobile tech, they can finally make an Android app that doesn't crash all the time. I'm not a Facebook user, but my wife is saying it crashes all the time. We have had that problem on 3 different devices where everything else is stable, including Opera mobile.

That said, hooray for mega companies absorbing all in their path. Won't be long before everything is owned by 4 big companies. It's like they are making their own mutual funds.

I hope the f not
By hero_of_zero on 5/29/2012 5:35:51 PM , Rating: 2
I been a opera user for 15 years~ and if fb get it i am done with them.

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