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cantankerous_cashew@lemmy.world to Technology@lemmy.worldEnglish · 6 days ago

Bending Spoons to acquire AOL

techcrunch.com

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Bending Spoons to acquire AOL

techcrunch.com

cantankerous_cashew@lemmy.world to Technology@lemmy.worldEnglish · 6 days ago
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Bending Spoons to acquire AOL | TechCrunch
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Wednesday's news marks a new chapter for AOL, which was once one of the most recognized brands on the internet, known for its email service and "You've Got Mail" notification.
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  • rizzothesmall@sh.itjust.works
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    6 days ago

    This headline reads like a very surreal self help book title.

    • db2@lemmy.world
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      6 days ago

      There is no spoon.

  • lol_idk@piefed.social
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    6 days ago

    This fucking company keeps buying things I use and ruining them. I can’t believe I know their name

    At least I don’t use AOL

  • fubarx@lemmy.world
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    6 days ago

    Can someone plausibly explain the Bending Spoons business model?

    Big chunk of debt financing for decrepit brands with old tech. Other than strip-mining user data, I can’t figure it out.

    • comador @lemmy.world
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      6 days ago

      The idea here is to rebrand and modernize AOL as a gmail and cyber security alternative with decoupled infrastructure from US dependencies: A highly political topic in the EU currently.

      • Munkisquisher@lemmy.nz
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        6 days ago

        What should we call our service so people are clear it’s free of American influence… Hmmm ‘America On Line’

        • fonix232@fedia.io
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          Europe On Line? EOL? End of line.

          • Passerby6497@lemmy.world
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            6 days ago

            EOL? Y’all are going with an End Of Life service? Bold move cotton.

          • mriormro@lemmy.zip
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            6 days ago

          • _edge@discuss.tchncs.de
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            6 days ago

            I believe Europe Online was a service about the time when AOL was a thing

            • AnUnusualRelic@lemmy.world
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              6 days ago

              Doesn’t ring a bell… not to say it didn’t exist, but it probably wasn’t very large at the time.

              • _edge@discuss.tchncs.de
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                6 days ago

                It was dial-up service and web site. It wasn’t very big, but i think it was around for some time. This is the best i could find: https://variety.com/1995/digital/features/europe-online-gets-at-amp-t-dialtone-99124960/

                • AnUnusualRelic@lemmy.world
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                  6 days ago

                  Interesting, thanks for digging that up. Looks like it didn’t pan out. At least in France, they arrived just as the local market was building itself, and it seems they didn’t manage to get a foot in the door. Maybe they got more lucky in other markets.

        • comador @lemmy.world
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          6 days ago

          Doesn’t mean they will keep the name for EU customers. The value there is in the IP and the infrastructure configuration.

          Thus the term: Rebrand.

    • rizzothesmall@sh.itjust.works
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      Buy a company which already has a vast historical user base and a well known brand for fuckall because it’s dieing, then make it good again and sell it off for more than fuckall.

  • _edge@discuss.tchncs.de
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    6 days ago

    Enshittification company buys the O.G. enshittification

  • Ghostalmedia@lemmy.world
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    I thought this was going to be a weird ass figure of speech.

    • Snot Flickerman@lemmy.blahaj.zone
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      There is no spoon.

  • roofuskit@lemmy.world
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    6 days ago

    Late 90s movie reference buys early 90s rotting corpse.

  • minamoog@lemmy.world
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    5 days ago

    i thought they used money to do that

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