American web portal and brand marketer in tech and media
Bending Spoons has begun trading on Nasdaq with a valuation around $25.5-25.7 billion and raised about $1.68 billion. The Milan-based group acquires and rebuilds aging digital brands such as Eventbrite, Evernote, Meetup and AOL, then holds them to drive growth through AI-enabled features, pricing, and tighter operations. Revenue in Q1 2026 reached $601 million with $27.5 million net income as it scales its portfolio and expands its multi-brand strategy.
A new Empower analysis shows Americans’ net worth rises with age, reaching into the trillions for Silent and Baby Boomer generations. Younger generations trail, though 401(k) saving and IRA contributions are increasing. The shift signals a historic intergenerational wealth transfer that funds consumption and retirement across decades.
A wave of extreme heat is forcing people to rethink work, commuting and leisure. From London offices to outdoor pools, residents are adapting with new routines and strategies in response to record temperatures this summer.
Apple has updated Apple Maps to display “Lake America” to U.S. users after President Trump ordered the U.S. geographic names database to rename Lake Ontario. Google had already rolled out the change for U.S. viewers; Canada and many services continue to display Lake Ontario. MapQuest has refused to change and has seen a surge in downloads.
A federal judge has rejected the Justice Departments request to force Google to sell its AdX ad exchange. Judge Leonie Brinkema has ordered behavioural changes instead, sealed her full opinion for 14 days and given the parties 30 days to propose a final judgment. Both sides are preparing next steps.