this post was submitted on 24 Jan 2024
1050 points (97.6% liked)

Technology

59627 readers
2807 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] DontTreadOnBigfoot@lemmy.world 308 points 10 months ago* (last edited 10 months ago) (40 children)

Holy shit.

I thought this was just going to be a matter of poor security implementation or crappy feature sets.

Turns out they converted the company into a loan shark operation owned by Chinese ad companies

when the Opera browser continued losing users (due to competition from Google and Apple), the company shifted gears to building mobile apps that provided predatory short-term loans. The interest rates on those loans ranged from 365-876% per year, and loan terms from 7-29 days.

[–] Deceptichum@kbin.social 15 points 10 months ago (1 children)

It's been that way for years now.

[–] Skyhighatrist@lemmy.ca 6 points 10 months ago

Yeah the surprise in this thread is surprising to me. I've considered Opera to be untrustworthy for years now.

load more comments (38 replies)