this post was submitted on 29 Oct 2025
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AOL to be sold to Bending Spoons for roughly $1.5B (www.axios.com)
submitted 1 day ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se
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[–] stoy@lemmy.zip 6 points 1 day ago (2 children)

WTF is Bending Spoons?

[–] Diplomjodler3@lemmy.world 8 points 1 day ago (2 children)

An enshittification company that buys up distressed assets and runs them into the ground through relentless monetisation.

[–] lagoon8622@sh.itjust.works 4 points 1 day ago

Didn't they also buy Evernote? My spider senses are tingling with the scent of bullshit when I look at their name

[–] stoy@lemmy.zip 1 points 1 day ago

So they should change their name to "squeezing rocks"?

[–] rozodru@pie.andmc.ca 2 points 1 day ago

Italian company that likes to buy up mediocre performing tech companies. They also own Vimeo, Meetup, Evernote, WeTransfer, Brightcove, etc.