Is Facebook going to buy Opera, make its own browser?

  

   
   The Facebook spending spree may be continuing as a new report says the social networking giant might be looking to buy Norwegian company Opera Software.
Now fully under the microscope of Wall Street as well as Main Street investors, Facebook is trying to solve its mobile monetizing problems and has been gobbling up various companies in recent months to increase its presence in the world of smartphones.
If the latest report is accurate, the Menlo Park-based company's next target could be Opera.
The website Pocket-lint reported early Friday that it'd been told by "one of its trusted sources" that Facebook is interested in Opera for its popular Web browser.
The Opera browser is available on desktop computers, various phones and tablets and even the Nintendo Wii, and the company claims to have more than 200 million users, according to the report.
As of last week, Google's Chrome is the top browser, followed by Microsoft, Mozilla and Apple's respective browsers, and Thursday, Yahoo jumped into the latest round of the "browser wars" with its new product, named Axis.
"The move -- which would no doubt send shivers of panic through Google -- although unlikely to affect Chrome's continued growth in the short term, would see the two tech giants battle it out on your desktop and mobile for web surfing as well as social networking," Pocket-lint said.......

Read full Article Here (Los Angelese Times)