Category: Finances
Exclusive: Opera to Spin Off Browser Business
It will remain the owner.
Now here is something that does not happen every day. According to the email we have received, Opera’s board of directors wants to separate browser and TV business into two separate companies, which will still be owned by the Opera Software ASA.
Why? It’s part of their global restructuring, which should help to provide more flexibility for both companies.
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Opera Cuts Its Outlook, Looks For A Buyer
For the second time in six months, Opera has cut its performance targets by 5-20% (blaming mobile sector) although is still expected to grow its revenues by around 45% year over year to $146 million
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Firefox’s New Tab Page Will Show Ads & Gather Your Browsing Habits
It looks like Firefox just set itself on fire.
When your market share keeps decreasing month over month, what can you do in order to win back at least some of the lost users? Useful new features? Performance improvements? User interface tweaks? If you have answered to any of these questions “yes” then you are wrong, at least according to Mozilla’s management.
We are not exactly sure what are they thinking but for some reason they have decided that the best way to improve Firefox users experience (or try to squeeze as much money as possible before the browser’s market share drops to single digits (which is already at 11.70% compared to 17.26% a year ago) is to show you ads!
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Yahoo: Our Search Market Volume Reached A 5 Year High
The keyword here is “reached” not “is at”.
If you want to learn more on how exactly did the new deal (where Yahoo! became a default search engine on Firefox) affected one of the news leaders in the US then look no further than at the recently published financial results by Yahoo!
According to the report, its search volume has reached “a five-year high” with them saying that “the partnership between Yahoo and Mozilla was key to this volume increase”.
However, while Yahoo! search volume did reach a peak, it was unable to sustain it as according to the latest market share data, last month alone the company lost 0.2 points of the US market share, down from 13% to 12.8%
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Latest Opera Financial Results Show No Desktop Growth, Declining Revenue
Opera’s Q3 2014 financial results are in.
If you are wondering how exactly is Opera Desktop doing after ditching the old rendering engine and having some time to “make the things right” then we have some pretty bleak news.
According to the latest report, the monthly desktop users figure has shown absolutely no growth in the last 5 quarters, in addition to that, the revenue has been declining quarter over quarter (while 3Q13 vs. 3Q14 show identical income).
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Opera Software Q2 2013 Financial Results
Everything is improving but the desktop.
After rebooting its web browsers, I am sure you are all wondering how exactly it did affect the overall Opera growth, especially on desktop.
Well, today we have the answer.
Financial Highlights
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EU Fines Microsoft €561 Million ($731m)
Just a fraction of rumored $7.4 billion.
Now here is something that will finally come to an end, according to Europa Press, Microsoft was fined $731 million by EU for breaking the browser ballot agreement that was signed back in 2009.
The good news, at least for Microsoft, is that the fine is far smaller than some might have expected as it was supposed to be as high as $7.4 billion or a 10% of the annual turnover. According to a report, one of the main catalysts behind what it seems to be a small fine was a cooperation from Microsoft.
Mozilla To Pay $1.5 Million For Its Tax Affair
Back in 2007, Mozilla has decided that it does not have to pay taxes for the revenue that comes from Google’s search partnership. Why? Because according to them, 66 million (out of 77 million) dollars were a form of contribution and therefore, should not be taxable.
Unfortunately for them, the US government held a different opinion and as a result, Mozilla had to settle and will be paying a total of $1.5 million.
Better luck next time.
Opera Software Q3 2012 Financial Results
And the numbers are in.
As we await for the next wave of Opera products, here is something to keep you busy: financial results for the third quarter of the 2012.
Spoiler alert: they are doing well.
Financial Highlights
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Opera 12.2 Final Coming Early Next Year?
Not pleased with the user growth.
During yesterday’s Q&A with the investors, Opera’s management has shared some details about its prospects going forward and how will it affect future revenue.
According to the keynote, they are not pleased with the desktop growth and although Opera is keeping up in the key markets like Russia, there is no excitement anywhere else.
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