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

Technology

59589 readers
3332 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.

[–] dual_sport_dork@lemmy.world 155 points 10 months ago (33 children)

This behavior is just beyond batshit. Before anyone decides tl;dr, the article is well worth a read.

I had a hunch that Opera was circling the drain when I started seeing them sponsor Youtubers. A general rule of thumb is that no company that has anything worth a shit devolves to sponsoring Youtube videos. I had no idea about the predatory loans thing, or the crypto scam chasing thing, or the ripping off ChatGPT thing...

Back here in reality, there is no reason anyone should be using any other browser than Firefox. There is one organization left in this arena still devoted to protecting privacy, maintaining open standards, and a fair and open web for all. And it ain't Google, it ain't Microsoft, and it ain't Opera.

load more comments (30 replies)
load more comments (36 replies)