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Jon von Tetzchner: The Opera Board Is Not Strong Enough

     
1:51 pm on Jun 5, 2012 (gmt 0)

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Jon von Tetzchner: The Opera Board Is Not Strong Enough [reuters.com]
Norwegian mobile browser maker Opera Software's board is "not strong enough" and lacks ambition, a top shareholder said on Tuesday.

"The board lacks knowledge and that has to have consequences," Opera founder Jon von Tetzchner, who holds just above 10 percent of the company, told Reuters on the sidelines of the annual general meeting.

7:31 am on June 6, 2012 (gmt 0)

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Wow. That's a short article.
So, Opera needs a stronger, more ambitious board? And...
4:26 pm on June 6, 2012 (gmt 0)

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I remember learning about the inverted pyramid, but surely there's supposed to be something beyond the capstone?

Shares of Opera Software soared last week on market talk Facebook Inc. was in discussion to acquire the firm for its advanced mobile phone software technology.


or, as it were:

Shares of {company} soared last week on market talk {bigger company} was in discussion to acquire the firm for its {asset}.


Could swear there used to be a time when a stock's prices went down if there were rumors the company was going to be sold.
4:44 pm on June 6, 2012 (gmt 0)

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@bill
I suspect it's all to do with the Facebook talk about a takeover. [webmasterworld.com]
4:45 am on June 7, 2012 (gmt 0)

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@engine Likely. I was just hoping for some more meat in the article. It almost seemed as though the reporter was looking to fill an article quota with that one.

von Tetzchner must have had some ideas in mind when saying that. It would have been interesting to hear some suggestions as to what specifically could be improved. von Tetzchner's time at the top of Opera didn't seem overly strong or ambitious given that Opera's market share remained relatively static throughout.
5:21 am on June 7, 2012 (gmt 0)

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That's a weird article. The headline and first sentence both say a "top shareholder" made the criticism. Then we have a quote from founder Jon von Tetzchner - which may even be a response to the sharelholder's criticism. It's certainly not clear from the article that von Tezchner made the opening quote.
 

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