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The Italian technology conglomerate Bending Spoons launched its IPO on the Nasdaq stock exchange this week. The company was met with significant market interest, with its valuation exceeding $25 billion shortly after launch. This figure is more than double the $11 billion valuation the company held while in the private sector. This is reported by Techcrunch.com reports . Founded in Milan, the company has gained attention in recent years for acquiring world-famous digital brands such as AOL, Vimeo, Meetup, Eventbrite, and WeTransfer. Although Bending Spoons' strategy resembles that of private equity funds, unlike them, the company does not resell the acquired brands; instead, it retains them within its portfolio and modernizes them using AI. Strategy and Controversial Decisions Bending Spoons has also faced significant criticism throughout its operations. In particular, after acquiring popular services like Evernote, price hikes and mass layoffs caused dissatisfaction among users. However, in an interview with TechCrunch, co-founder Matteo Danieli emphasized that despite all the changes, customer loyalty remains stable. According to reports provided by the company, as of March 2026, more than 500 million active users utilize projects in its portfolio monthly. Additionally, over 9 million customers are paying for subscriptions. These figures prove that

CoinDesk reports: Milan-based tech group Bending Spoons went public on Nasdaq this week, with its stock rising on the first day and briefly reaching a market capitalization of over $25 billion. Although the stock later pulled back, the company’s current valuation remains significantly higher than its private market valuation of approximately $11 billion prior to listing, indicating that investors continue to bet on its acquisition and integration model. Over the past few years, the company has garnered attention for its consecutive acquisitions of well-known internet products, and its portfolio now includes brands such as AOL, Vimeo, WeTransfer, Meetup, and Eventbrite. According to the company’s filing for its public offering, as of March 2026, its products had over 500 million monthly active users and more than 9 million monthly paying users. Expand scale through acquisitions Bending Spoons began unassumingly. The company evolved from a team that continued working together after a failed startup, initially developing their own apps before shifting to acquiring established digital products and gradually creating a standardized integration process. The company’s core approach is to identify products that still have a genuine user base but whose original owners are experiencing slowed growth or operational pressures; after acquisition, it

Parents should not put photos of their children on public display online, according to landmark guidance issued to tackle the rise of AI-generated sexual abuse material. The recommendation has come from the National Crime Agency and the Internet Watch Foundation, which fear that most people are unaware of the dangers posed by paedophiles and criminal networks. They suggest that parents and guardians make their social media accounts private or share pictures of their children through a “close friends” group. The NCA and the IWF stressed they were not telling parents how to behave online, but said they should be aware of the problem and how to tackle it. The guidance also recommends auditing social media accounts for old pictures that could be used by predators and revisiting photo consent agreements – for instance with schools or sports clubs – that could have been signed before breakthroughs in AI made image manipulation possible. “We encourage parents and carers to take a few simple steps today,” said Tim Wright, a senior manager at the NCA. The guidance sets out a trio of actions: checking privacy settings on social media accounts; reviewing who can see images of their children; and having open discussions

STOCKS IPO STOCKS TECH Jul 2, 2026 · 3:47 PM · by MLQ Agent · 4 min read Key points Bending Spoons (BSP) closed at $40.50 on its Nasdaq debut, a 39.7% gain over its $29 IPO price, giving it a market cap of roughly $25 billion The IPO raised $1.68 billion from 58 million shares, with the company retaining about $1 billion of the proceeds Revenue grew from $387 million in 2023 to $1.31 billion in 2025, an 84% compound annual growth rate driven by acquisitions of brands like AOL, Vimeo, and Eventbrite The company swung to a $27.5 million net profit in Q1 2026 from a $112 million loss a year earlier Shares pulled back to $37.04 on day two, down 8.5% from the first-day close Bending Spoons S.p.A., the Milan-based company that acquires and restructures legacy software brands, surged 40% on its first day of Nasdaq trading on July 1, closing at $40.50 after pricing its initial public offering at $29 per share — above the marketed range of $26 to $28 . The stock briefly traded as high as $43 before settling, giving the 13-year-old company a market capitalization of

MILAN — Vimeo built a video platform over two decades with engineers, product designers, and a team that understood what filmmakers needed. When Bending Spoons acquired the company in September 2025, it kept the platform and shed most of the people. The entire video team is gone. The ongoing work of maintaining and updating Vimeo’s codebase is increasingly being done by AI. Bending Spoons raised $1.68 billion on the Nasdaq on Tuesday at an $18.4 billion valuation, and the market priced that arrangement without blinking. Bending Spoons is an Italian software company, founded in Milan in 2013 by Luca Ferrari and four co-founders after their first startup failed. Its model is straightforward to describe and ruthless to execute: identify digital platforms with large user bases and declining growth, acquire them at prices that reflect their cash flow rather than their potential, cut the staff, centralize the infrastructure, and let AI handle an increasing share of the software development. The company describes this as “improving operations.” The F-1 filing it submitted to regulators before its IPO describes $78.6 million in “reorganization-related expenses” in 2025 alone. The portfolio now includes AOL, Vimeo, Evernote, Eventbrite, WeTransfer, and Meetup, along with roughly 50 other

AOL, Vimeo owner Bending Spoons surges nearly 40% in US market debut. 7/1/26 REUTERS 10:12:29. •. Copyright (c) 2026 Thomson Reuters. •. Elvira ...

Echo Wang and Elvira Pollina Tue, June 30, 2026 at 7:36 PM CDT 2 min read By Echo Wang and Elvira Pollina June 30 - Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial ‌public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a ‌rare software IPO as the sector grapples with disruption from AI. The Italian software company and its existing shareholders ​sold about 58 million shares in one of the largest IPOs by a European company this year. The shares were marketed between $26 and $28 apiece. The company was valued at $11 billion in its last funding round in 2025. The deal comes as the U.S. market for initial public offerings ‌has regained momentum after a prolonged ⁠slowdown. SpaceX.O blockbuster debut earlier this month, the largest IPO on record, followed Cerebras Systems listing earlier this year, reflecting a pickup in ⁠activity among high-profile technology offerings. Bending Spoons, whose name was inspired by a scene in the science-fiction film The Matrix, has emerged as one of Europe's most prominent technology companies, pursuing a ​strategy of ​acquiring underperforming software businesses and overhauling them.

The Milan-based acquirer behind AOL, Evernote, Vimeo, and WeTransfer is set to debut on the Nasdaq under ticker BSP after pricing its IPO above its marketed $26 to $28 range, targeting a valuation of roughly $19 billion. The numbers Bending Spoons brought to Wall Street are not easy to dismiss. Revenue hit $1.31 billion in 2025, up 95% year over year. Q1 2026 came in at $601 million, more than double the $259 million it posted in the same quarter a year earlier. The company swung from a $112 million net loss to $27.5 million in net profit in a single year. Revenue per full-time employee more than doubled to $2.6 million. Goldman Sachs, JPMorgan, and Allen and Company are running the books. Demand for shares came in at multiples of the offer, and the company priced above range. If you're looking for a deal that Wall Street is clearly excited about, this is it. But the question worth asking before the opening bell Wednesday is whether any of this is actually new, or whether Bending Spoons has built a genuinely defensible business model, or is simply the best-run version of a very old trade. CEO Luca Ferrari calls the

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The iconic internet pioneer joins Vimeo, WeTransfer, Evernote and Eventbrite in the Milan-based software company’s public market debut. Milan-based Bending Spoons is preparing to raise up to $1.6 billion in an initial public offering, with pricing and trading expected next week. The company has built its business by acquiring well-known but underperforming software and digital media brands, including Vimeo, WeTransfer, Evernote, Eventbrite and, most recently, AOL. Founded in 2013, Bending Spoons has pursued a digital roll-up strategy centered on acquiring mature software businesses and improving their performance through product optimization, subscription-based monetization, artificial intelligence and data-driven operations. The IPO will also mark AOL’s return to the public markets as part of Bending Spoons’ portfolio. AOL’s roots date to 1983, when it was founded as Control Video Corp. After reorganizing as Quantum Computer Services, the company launched Quantum Link, an online service for Commodore computers. In 1989, the service was renamed America Online, or AOL, and focused on making online access simple for mainstream consumers rather than just technology enthusiasts. Throughout the 1990s, AOL became synonymous with the consumer internet. Its aggressive distribution of free trial CDs, dial-up internet service, email platform, chat rooms and AOL Instant Messenger helped introduce millions of households to life online. By 2000, AOL had more