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Bending Spoons, the Milan-based tech conglomerate that made headlines for acquiring the likes of AOL and Vimeo, went public on the Nasdaq this week with a pop, briefly reaching a market capitalization over $25 billion. While Bending Spoons stock has slightly slumped since then, its market cap remains twice double its previous private valuation of…
AOL is public again — sort of. Its owner Bending Spoons, the 13-year-old Italian company that has been quietly acquiring beloved but ailing internet brands for the past decade, went public on the Nasdaq today, opening at an over $18 billion valuation, with the stock then popping 40% by market close. Headquartered in Milan, Bending…
The full lineup for the 28th edition of the Far East Film Festival (FEFF) has been revealed and as ever the speciality event will showcase the best and brightest of Asian cinema. Taking place once again in the picaresque Italian city of Udine, FEFF 2026 will screen 76 films — 52 in competition and 24…
Meta announced Wednesday that it will charge developers for running chatbots on WhatsApp in regions where regulators are forcing the company to allow them. The move comes after the company’s ban on third-party chatbots on WhatsApp took effect on January 15. For now, Meta will charge developers in Italy, where the country’s competition watchdog asked…
HBO Max staked its claim on a big chunk of Europe on Tuesday, launching in both Germany and Italy, two of Europe’s biggest territories, as well as handful of smaller countries, including Austria, Switzerland, Greece, Israel, Luxembourg and Liechtenstein. Ahead of the rollout, HBO signed multiyear carriage deals with Amazon’s Prime Video deal that will…
Bending Spoons’ four cofounders this week joined the billionaire ranks. CEO Luca Ferrari’s stake in the Milan-based tech conglomerate is now reportedly worth $1.4 billion, while cofounders Matteo Danieli, Luca Querella, and Francesco Patarnello each hold stakes worth $1.3 billion, according to Forbes estimates based on shareholder data published by the Italian Business Register. The…
After decades of false starts, Italy’s wild dream of connecting Sicily to the mainland is finally happening. The government just gave WeBuild the green light to build what will become the world’s longest suspension bridge, stretching an incredible 3.6 kilometers across the Strait of Messina. Pietro Salini, WeBuild’s CEO, seems genuinely excited about this one,…
Barbie doll designers and collectors Mario Paglino and Gianni Grossi have died in a tragic wrong-way car crash in northern Italy. Their car, which was traveling on Sunday, July 27 in the right direction on the A4 Turin-Milan highway, collided head-on with another vehicle driven by 82 year-old Egidio Ceriano as he drove the wrong…
Probably most of us would want to spend a romantic vacation somewhere in the sun-soaked areas of Italy, specifically, the Italian Riviera. But of course, not all of us have the opportunity to take a few weeks off and breathe in the Ligurian coast air and enjoy what the Mediterranean has to offer. So if…
MiCA has had a limited impact on the adoption of compliant stablecoins in Europe, strengthening the need for the digital euro, Bank of Italy governor Fabio Panetta said. Former European Central Bank (ECB) official and Governor of the Bank of Italy, Fabio Panetta, has touted the digital euro as a key tool for controlling the…