This is a most excellent place for technology news and articles.
"Instead of chasing AI"? They heavily implement AI to lay off employees, even though it severely degrades service.
Their whole business model is just typical private equity nihilism. Buy a business with a lot of user inertia, strip out all the development and maintenance costs while leaving the bare essentials to keep subscriptions or ad revenue flowing, and let the hollowed out business zombie-walk as long as it makes money.
Fluff journalism.
RIP Vimeo. I liked it.
I agree that the article is pretty low quality, but is the only one I came across. And it didn't say they're not using AI, it just says they're not trying to compete in the current AI arms race. Bending Spoons' entire business model is enshittification, which is why I find the valuation pretty remarkable.
Thanks for saving me a click!
When bending spoon buys something you are using, you should run for the exit, take your data, and search for alternatives.
Absolutely.
AOL was sold to Bending Spoons for $1.5 billion in 2025. The business still generates about $633 million a year through ads and membership subscriptions for services such as malware protection and tech support, the Times reported.
As someone who did AOL Tech Support way back in the early 00s this does not surprise me at all. Hell it wouldn't surprise me if a few of those customers are still paying for dialup without even knowing it. We'd get calls like that all the time. We'd also get calls all the time for tech issues not even related to AOL. We had to stay on the line with them regardless. so they'd mention some easy to fix AOL issue AND THEN dive into the REAL reason they were calling...and we had to tech support it, even our tools supported it. was a nightmare/horrible job.
I switched to Joplin after the recent evernote price hike. Does anyone know of a good alternative to vimeo?
What they did to Evernote was unforgivable.
I loved that app. I lived in Evernote. I sought out other apps that synced to it solely because of that function.
Then these folks buy it and burn it to the ground with insane pricing. If they didn’t want the app, they should’ve just shut it down outright instead of going the route of pricing it higher than full productivity suites and making it less useful overall.
I’ve been years in Joplin at this point, but I’m still livid over Evernote.
I was on Evernote in the distant past and remember their pricing strategy pushing everyone out. If companies want to fail that bad, don't let us stop you. It was a loss though because, at the time, Ever note was one of the most functional mainstream connected note apps.
PeerTube
This post is how I learned Vimeo is a walking corpse :(
I'm so glad I left evernote for upnote. What a shame though, evernote was amazing in it's prime.
