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Italian Tech Turnaround Firm Bending Spoons Debuts on Nasdaq at $18B Valuation, Surging 40%
Bending Spoons, a Milan-based investment company, launched its initial public offering on Nasdaq and saw shares climb 40% on its first day of trading, closing at $40.50. The $18B IPO represents a major milestone for a fi
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Bending Spoons defies SaaS slump, surges 40% on first day of trading
The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo.
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Apple’s entry-level MacBook Pro could be up for a redesign
Apple is working on a “revamped” version of its entry-level MacBook Pro that it could launch as soon as the first half of 2027, Bloomberg reports. The company is also testing four new iPad Pros that are set to launch in the spring with a focus on “internal improvements.” The updated MacBook Pro, which will…
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Krafton Settles Subnautica 2 Dispute, Agrees to Pay Developer Bonuses After Extended Legal Battle
Krafton and Unknown Worlds Entertainment have reached a settlement ending a protracted legal dispute that began when the Korean publisher terminated the studio’s CEO Ted Gill and cofounders Charlie Cleveland and Max McGu
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Sony to Phase Out PlayStation Game Discs by 2028 as Industry Shifts to Digital-Only Distribution
Sony announced it will stop manufacturing physical game discs for PlayStation beginning in January 2028, completing a transition toward entirely digital distribution. The decision reflects evolving consumer preferences,
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Elon Musk Denies Report of SpaceX AI Device Prototype Shown to Investors
According to the Wall Street Journal, SpaceX presented investors with a prototype of an AI-powered handheld device prior to the company’s June initial public offering. The alleged device was described as resembling a sma
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After $18B IPO, Bending Spoons founder says success comes from minimizing luck
The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup’s failure.
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The funeral for PlayStation discs has begun
Cody Spencer, the co-owner of the small games retail chain Pink Gorilla Games, put it well when I asked about the impact of Sony’s recent announcement that it will stop making discs for new games starting January 2028. “It’s sad to see. This decision is only a negative for gamers. We’re losing the ability to…
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WhatsApp usernames are already raising impersonation red flags
Meta says usernames improve privacy, but critics question whether its safeguards can prevent impersonation.