Rumor: Facebook To Enter the Battle of Web Browsers

facebook to buy opera

Stand back Internet Explorer, Google Chrome, Mozilla Firefox, Safari and the newest Yahoo Axis, the battle for net-browser supremacy is about to get a lot tougher as the world’s most used social networking site is rumored to throw its hat in the ring quite soon. According to different reports, Facebook has decided to expand its acquisition list, and the newest member is anticipated be the Norway based firm Opera. The deal could potentially cost much more than $ 1 billion to Facebook as the market place share of Opera has not too long ago elevated to 26 %.

Observing the recent active buying spree Facebook has indulged in, one should curiously wonder what is subsequent in shop for the fans of the website? It really should be recalled, Facebook has not too long ago added gaming, movie streaming and most importantly bought the great photo editing app Instagram at a staggering cost of 1$ billion dollars – due to which we can assume these rumors to be somewhat correct.

If Facebook does aim to obtain the web browser Opera (in order to produce a unique net browser of its personal swiftly), then it can definitely turn out to be a wise move by the organization, as Opera has gained immense reputation among the Pc, smartphone and Nintendo Wii customers and at present has much more than 350 million active users (combined). Opera is the only feasible choice Facebook has when it comes to mainstream browser market.

In spite of of the fact that the Opera-Facebook deal rumors are hunting quite very good in theory, the online controversy that viciously ignited a week ago due to the social network’s IPO, could indicate items otherwise. Facebook’s shares slid to a new low on Tuesday at just above $ 30 and folks have currently started out calling it the greatest IPO flop of the decade.

As far as Google Chrome (the quantity one internet browser in the world) is concerned, the Facebook browser could hardly affect Chrome’s continued growth in the brief term, however factors can modify a drastic turn in the long term as it’s success can force Google to introduce a  more Google Plus centric Chrome version in the future.

As of these days, the initiation of Facebook’s creation of its personal web browser or even the date of the purcahse of Opera is unknown as both organizations are yet to release a comment relating to the deal.

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