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Otello Corporation

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Otello Corporation ASA (formerly Opera Software ASA ) is a Norwegian internet company which develops advertising and mobile software for operators, publishers and advertisers. It operates through its subsidiaries which include AdColony (formerly Opera Mediaworks ), a mobile advertising platform and network, Bemobi, a subscription-based mobile application and game discovery service, and Skyfire Labs , which provides mobile operators cloud based access for network management and video optimization, and advertising facilitation.

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47-546: Opera Software ASA was founded as a holding company for Opera products and businesses. It changed its name to Otello Corporation after it sold off its web browser and consumer business along with the Opera brand ( Opera Software AS ) to a Chinese consortium of investors. While initially it planned to wholly sell itself off to the consortium the deal did not go through due to regulatory approvals, it settled by selling its consumer-facing web browser business instead. On 11 March 2004,

94-409: A bookmarks bar and a download manager . It also has "Speed Dial" which allows the user to add an unlimited number of pages shown in thumbnail form in a page displayed when a new tab is opened. Opera was one of the first browsers to support Cascading Style Sheets (CSS) in 1998. Opera Turbo, a feature that compresses requested web pages (except HTTPS pages) before sending them to the users,

141-673: A Multithreaded Compositor was introduced, allowing the browser to function and render in animations much smoother than it was previously capable. Opera has originated features later adopted by other web browsers, including: Speed Dial, pop-up blocking, reopening recently closed pages, private browsing , and tabbed browsing . Additional features include a built-in screenshot tool, Snapshot, which also includes an image-markup tool; built-in ad blockers, and tracking blockers. Opera's desktop browser includes access to social media messaging apps WhatsApp , Telegram , Facebook Messenger , Twitter , Instagram , TikTok , and VK . Opera includes

188-474: A non-custodial wallet with a dedicated browser for blockchain-enabled services and Web3 technologies. On 14 April 2022, Opera launched its Crypto Browser available on iOS devices. As of 2023, Opera Crypto Browser has been discontinued, with the browser's features being integrated into Opera and Opera GX. In 2023, Opera added an AI chatbot called Aria into the browser. This is powered by Opera's Composer AI engine and connects to OpenAI's GPT model. Opera GX

235-521: A shareable collection of websites, images, links, and notes in a visual form. A video popout feature was also added for video conferencing, which happens automatically when switching tabs, popping out of the window when navigating away and popping back in when navigating back. Later, in Opera 83 released on 19 January 2022, this feature would be implemented for all video players, not just video conferencing platforms. On 31 Jan 2023, Opera announced that given

282-500: A website called Vulcan Net funded by Tsinghua University . Vulcan Net was a website dedicated to uploading animations made by people in the local area, especially students in the university. Zhou and Tsinghua University closed Vulcan Net sometime in 2004 due to unprofitability. Zhou became an executive manager for the social networking service Renren in November 2005. In March 2007, he stopped working for Renren when he became

329-504: Is a gaming-oriented alternative to Opera. The browser was announced on 21 May 2019 and released in early access for Windows on 11 June 2019, during E3 2019 . The macOS version was released in December of the same year. Opera GX adds features geared toward gamers and other audiences, with the regular Opera browser features included. The limiter allows users to limit network, CPU, and memory usage to preserve system resources. GX Cleaner

376-575: Is a tool that is said to allow users to clear cache , cookies , and other unwanted files etc. The browser also adds integrations with other websites such as Twitch , Discord , Twitter , and Instagram . The browser also has a built-in page called the GX Corner, which combines gaming-related releases, deals, and news articles. On 5 September 2019, Opera won a Red Dot award in the Interface and User Experience Design category for Opera GX. Around

423-573: Is a version of the Opera 9 web browser for use on the Nintendo Wii created by Opera Software and Nintendo. Opera Software is also implemented in the Nintendo DS Browser and Nintendo DSi Browser for Nintendo's handheld systems. Zhou Yahui Zhou Yahui ( Chinese : 周亚辉 ; born February 1977) is a Chinese billionaire and entrepreneur. In 2008, he founded Kunlun Tech Co Ltd (formerly Beijing Kunlun Tech Co Ltd) one of

470-639: Is acquiring AdColony to bolster its mobile video ad capabilities. Opera paid $ 75 million in cash for AdColony, plus potential earn-out payments of up to $ 275 million. In March 2015, Opera Software acquired the Canadian VPN company, SurfEasy and later integrated the SurfEasy VPN into Opera as a free and unlimited service for its users. On September 22, 2015, Opera announced that they would remove "Software" from its logo. In December 2017, AdColony CEO, Will Kassoy stepped down from his position and

517-525: Is no longer available on the desktop browser. Opera Turbo is available in Opera Mini , the mobile browser. One security feature is the option to delete private data, such as HTTP cookies , browsing history, items in cache and passwords with the click of a button. When visiting a site, Opera displays a security badge in the address bar which shows details about the website, including security certificates. Opera's fraud and malware protection warns

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564-698: Is the main owner of the company with 30% of shares. In 2015, Zhou's company went public on the Shenzhen Stock Exchange. Beijing Kunlun Tech Co Ltd focuses on the distribution and sale of video games in China through their GameArk application. Beijing Kunlun finalized their purchase of a 60% stake in the gay dating app Grindr in January 2016. The next month, a consortium of investors including Beijing Kunlun acquired Opera Software with Beijing Kunlun acquiring 48%, effectively granting ownership to

611-539: The Chromium project. Opera Software planned as well to contribute code to WebKit. On 3 April 2013, Google announced it would fork components from WebKit to form a new layout engine, Blink . That day, Opera Software confirmed it would follow Google in implementing Blink. On 28 May 2013, a beta release of Opera 15 was made available, the first version based on the Chromium project. Many distinctive Opera features of

658-496: The developer build , then, depending on user feedback, may progress to the beta version and eventually be released . The developer stream allows early testing of new features, mainly targeting developers, extension creators, and early adopters. Opera developer is not intended for everyday browsing as it is unstable and is prone to failure or crashing, but it enables advanced users to try out new features that are still under development, without affecting their normal installation of

705-668: The Android version of the Opera Web Browser. In March 2020, Opera updated its Android browser to access .crypto domains ( IPFS ), making it the first browser to be able to support a domain name system (DNS) which is not part of the traditional DNS directly without the need of a plugin or add-on. This was through a collaboration with a San Francisco based startup, Unstoppable Domains. In 2021 iOS and desktop versions have support for IPFS . In January 2022, Opera introduced Opera Crypto Browser into public beta, combining

752-761: The Kunlun office in Beijing . Grindr was sold a year later in March 2020 to San Vincente Acquisition LLC for $ 608 million. On the 13th of April 2020, it was announced that Zhou Yahui would resign as chairman of Beijing Kunlun due to the COVID-19 pandemic . He resigned in order to focus on his e-commerce and payment platform Opay , a fintech company incubated by Opera which is based in Africa and primarily used in Nigeria. He

799-428: The Opera web browser while working at Telenor , a Norwegian telecommunications company. In 1995, they founded Opera Software AS . Opera was initially released on 10 April 1995, and then it was released publicly in 1996 with version 2.10, which ran on Microsoft Windows 95 . Development for mobile device platforms started in 1998. Opera 4.0, released in 2000, included a new cross-platform core that facilitated

846-400: The ads were completely removed, and the browser's primary financial support came through revenue from Google (by contract, Opera's default search engine ). Among new features introduced in version 9.1, released in 2006, was fraud protection using technology from GeoTrust , a digital certificate provider, and PhishTank , an organization that tracks known phishing web sites. This feature

893-431: The browser aimed at those who play games. The early-access program was opened on 11 June 2019. On 24 June 2021, Opera 77, codenamed Opera R5, was released. As one of the larger updates to the browser, it added more music streaming services in the sidebar, integrating native support for Apple Music , Spotify , YouTube Music , Tidal , SoundCloud , and Gaana . The "Pinboards" feature was also added, letting users create

940-438: The browser is based on Chromium . Opera is available on Windows , macOS , Linux , Android , and iOS (Safari WebKit engine). Two mobile versions are still active, called Opera Mobile and Opera Mini . Opera also has a news aggregator app called Opera News with Aria, an AI -based search engine . Opera was first released on Monday, April 10th 1995, making it one of the oldest desktop web browsers to ever exist. It

987-414: The browser towards a more minimal design, further improving the free VPN service, and was marketed as being the "World's first Web3 ready browser", as it included out of the box integrations with blockchain and cryptocurrency applications. On 21 May 2019, Opera GX is announced and opened for early access. The only information available in this announcement is that the browser would be a special version of

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1034-430: The browser's subreddit , many users complained about the loud volume of the splash screen and that the splash screen could not be bypassed unless the execution file was deleted. Opera Software uses a release cycle consisting of three "streams", corresponding to phases of development, that can be downloaded and installed independently of each other: "developer", "beta", and "stable". New features are first introduced in

1081-412: The browser. New versions of the browser are released frequently, usually a few times a week. The beta stream, formerly known as "Opera Next", is a feature complete package, allowing stability and quality to mature before the final release. A new version is released every couple of weeks. Both streams can be installed alongside the official release without interference. Each has a different icon to help

1128-487: The built-in ad blocker to provide cryptocurrency mining protection that stops sites from running scripts that attempt to use the CPU to mine cryptocurrency. Additionally the browser added Chromecast support, VR support enhancements, saving pages as PDFs, and improved VPN performance with region-based locations rather than country-based. On 9 April 2019, Opera 60 was released. This version, codenamed Reborn 3, focused on moving

1175-486: The closure of 360 Security Technology Inc. that year. In January 2017, the source code of Opera 12.15, one of the last few versions still based on the Presto layout engine, was leaked. To demonstrate how radically different a browser could look, Opera Neon, dubbed a "concept browser", was released in January 2017. PC World compared it to demo models that automakers and hardware vendors release to show their visions of

1222-553: The company (and Zhou Yahui) by majority. Zhou has served as chairman and CEO of Opera since 2016. In March 2019, Beijing Kunlun was forced to sell Grindr by the Committee on Foreign Investment in the United States (CFIUS). CFIUS viewed Beijing Kunlun's ownership of Grindr as a national security threat as Grindr has sensitive personal info such as location, messages and even HIV status which could be accessed by engineers in

1269-615: The company was listed on the Oslo Stock Exchange with the ticker OPERA. On September 20, 2005, Opera announced that they would remove the ad from the browser and make it free. On 20 January 2010, Opera Software announced that it had acquired AdMarvel, Inc. On 30 April 2010, Opera Software acquired Australian web email provider FastMail . In September 2013, the staff of FastMail bought the company back from Opera Software. On 19 September 2011, Opera Software announced that it had acquired mobile application platform Handster ,

1316-429: The creation of editions of Opera for multiple operating systems and platforms. To this point, Opera was trialware and had to be purchased after the trial period. With version 5.0, released in 2000, Opera became ad-sponsored , displaying ads to users who had not paid for it. Subsequent versions have given users the choice of seeing banner ads or targeted text ads from Google . With version 8.5, released in 2005,

1363-536: The discontinuation of support for Windows 7 and 8.1 by Microsoft , Chromium based browsers are also ending support, so Opera will no longer get updates on those versions, but older versions will continue to function on those versions of Windows. On 22 March 2023, Opera and Opera GX incorporated features with AI-powered tools. These features include AI Prompts that are suggested to the user, and sidebar access to ChatGPT and ChatSonic. The prompts show up on sites that contain content like articles, offering to shorten

1410-475: The end of 2023, Opera Software was 72.4% owned by Kunlun, a Chinese public company, making it a subsidiary of that company. Opera CEO James Yahui Zhou is a controlling shareholder in Kunlun. In 2019, Opera introduced Opera GX , a browser marketed towards gamers, claiming to have better performance with a built-in tracker and ad blocker and also having a CPU and RAM usage limiter. In 1994, Jon Stephenson von Tetzchner and Geir Ivarsøy started developing

1457-418: The future. Instead of a Speed Dial Browsing feature it displays the frequently accessed websites in resemblance to a desktop with computer icons scattered over it in an artistic formation. On 10 May 2017, Opera 45 was released. Notably this was the last version of the browser compatible with 32-bit Linux distributions, with later versions requiring a 64-bit Linux distribution. This version, inspired by

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1504-402: The general manager of Beijing JiNaiTe Technology Co., Ltd. Zhou worked for JiNaiTe Tech as General Manager from March 2007 to March 2008 until he founded his own company, Kunlun Tech Co Ltd. Zhou served as executive director and General Manager from March 2008 to March 2011, from 2011 serving as chairman and CEO. An official name change to Beijing Kunlun Tech Co Ltd was made in March 2011. Zhou

1551-636: The largest web game developers in China, where he was the chairman and CEO until 2020. Yahui Zhou currently serves as chairman and co-CEO of Opera . His estimated net worth is US$ 2.2 billion. Zhou was born in February 1977 in Lijiang , China . In 1999 he received a bachelor's degree in mechanical engineering and a master's degree in optical engineering in 2006, both from Tsinghua University in Beijing. Zhou's career started in 1999 when he started

1598-581: The leading independent app store for Android apps at that time, in order to strengthen the Opera Mobile Store 's offerings to consumers, mobile operators and handset manufacturers. On 15 February 2013, Opera Software announced that it had acquired Skyfire for $ 155 million. Opera primarily targeted the company for its video optimization technologies, such as its Rocket Optimizer platform, which would complement its own content optimization technologies. On 4 June 2014, Opera Software announced that it

1645-482: The mascot for the browser. On November 28 of the same year, Opera GX launched a new advertising campaign titled "Bury Boring", featuring actor and comedian Eric André smashing and burying computers not using Opera GX. The advertising campaign also included a splash screen whenever the browser is launched during the campaign with slashing sounds and André yelling out the browser's name. While well received by many of its user base, many criticized Opera GX's actions. In

1692-412: The payment was released on November 6, 2017 by Symantec with the remaining 15% remaining in escrow for up to 15 months. Specific earn-out targets were not publicly mentioned. Opera (web browser) 107.0.5045.11 (February 1, 2024 ; 9 months ago  ( 2024-02-01 ) ) Opera is a multi-platform web browser developed by its namesake company Opera . The current edition of

1739-400: The previous Opera Neon design, was called "Opera Reborn" and which redoes parts of the user interface, such as adding light and dark modes, and integrates the messenger applications Facebook Messenger , WhatsApp , and Telegram . Additionally, new ad-blocking settings were added along with security changes. On 4 January 2018, Opera 50 was released. This version updated the browser to utilize

1786-528: The previous versions were dropped, and Opera Mail was separated into a standalone application derived from Opera 12. In 2016, Opera was acquired by an investment group led by a Chinese consortium, the consortium included several Chinese companies such as Kunlun Tech and Qihoo 360. On July 27, 2018, Opera Software went public on the NASDAQ stock exchange, raising $ 115 million in its initial public offering . Opera began repurchasing its shares in 2022 following

1833-563: The same time, Opera GX also marked its first one million downloads. On 20 May 2021, a mobile version of Opera GX was released on iOS and Android . On 12 November of the same year, Opera GX Mobile was awarded another Red Dot award in both the Apps category and the Interface and User Experience Design : Mobile UIs category. On August 19, 2023, Opera GX introduced a VTuber named GX Aura for their social media accounts; she later became

1880-547: The text or summarize them. On 20 June 2023, Opera launched Opera 100, codenamed Opera One, a version of the browser built from the ground up around AI which was unveiled on 25 April 2023. This browser includes a native AI called Aria, a GPT-based AI engine that was developed collaboratively with OpenAI that sifts through web information, generates text and code, and much more in the browser. Tab islands were also introduced, allowing browser tabs to be grouped together, bookmarked, collapsed, and more. Major UI changes were made, and

1927-400: The user about suspicious web pages and is enabled by default. It checks the requested page against several databases of known phishing and malware websites, called blacklists. In 2016, a free virtual private network (VPN) service was implemented in the browser. Opera said that this would allow encrypted access to websites otherwise blocked, and provide security on public WiFi networks. It

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1974-619: The user distinguish between the variants. In 2005, Adobe Systems integrated Opera's rendering engine, Presto, into its Adobe Creative Suite applications. Opera technology was employed in Adobe GoLive , Adobe Photoshop , Adobe Dreamweaver , and other components of the Adobe Creative Suite . Opera's layout engine is also found in Virtual Mechanics SiteSpinner Pro. The Internet Channel

2021-627: Was commercial software for its first ten years and had its own proprietary layout engine, Presto . In 2013, it switched from the Presto engine to Chromium . In 2016, Opera, developed in Norway, became a subsidiary of an investment group led by a Chinese consortium. In 2018, Opera Software went public on the NASDAQ stock exchange. By the end of 2022, the consortium sold all of its shares, and Opera in turn committed to repurchase all of its American Depository Shares to reestablish its corporate autonomy. As of

2068-463: Was further expanded in version 9.5, when GeoTrust was replaced with Netcraft , and malware protection from Haute Secure was added. In 2006, Opera Software ASA was released as well as Nintendo DS Browser and Internet Channel for Nintendo's DS and Wii gaming systems, respectively, which were Opera-based browsers. A new JavaScript engine, called Carakan (after the Javanese alphabet ),

2115-636: Was introduced with version 10.50. According to Opera Software, it made Opera 10.50 more than seven times faster in SunSpider than Opera 10.10. On 16 December 2010, Opera 11 was released, featuring extensions , tab stacking (where dragging one tab over another allowed creating a group of tabs), visual mouse gestures and changes to the address bar. Opera 12 was released on 14 June 2012. On 12 February 2013, Opera Software announced that it would drop its own Presto layout engine in favor of WebKit as implemented by Google's Chrome browser, using code from

2162-471: Was later determined that the browser VPN operated as a web proxy rather than a VPN, meaning that it only secured connections made by the browser and not by any other apps on the computer. In 2018, a built-in cryptocurrency wallet for the Opera browser was released, with an announcement that Opera would be the first browser with such a feature. On 13 December 2018, Opera released a video showing many decentralized applications like Cryptokitties running on

2209-472: Was replaced by Otello CEO, Lars Boilesen. In 2021, Digital Turbine Inc. is acquiring AdColony from Otello for $ 400 million. On 20 December 2016, control of Opera TV AS was sold to Moore Frères & Company. On 15 September 2017, Opera TV AS changed its name to Vewd Software AS, which would later be acquired by Xperi in 2022. On 6 November 2017, Opera Software divested its SurfEasy subsidiary by selling it to Symantec for $ 38.5 million all in cash. 85% of

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