Earlier quoted context omitted.
> In November 2022, Bending Spoons agreed to acquire Evernote.[19] The acquisition was concluded in January 2023.[20] In July 2023, Evernote laid off all of its existing staff and announced it would relocate to Europe to be closer to Bending Spoons' headquarters.[21] Damn.
This is exactly how European companies do when they acquire American ones, especially "Tech" companies that have well-paid technical staff. You can hire in Eastern Europe for far less, and can hire in Western Europe for still a significant bargain compared to what engineers and associated people make in California - plus, dealing with an 8+ hour time difference is brutal compared to keeping it all in Europe. A friend…
AOL to be sold to Bending Spoons for $1.5B
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Re: AOL to be sold to Bending Spoons for $1.5B
#242Earlier quoted context omitted.
For streaming movies and TV at reasonable prices? No, but you can DIY with Plex and get Blu-ray quality
Dont do Plex! Closed source that leaks what you upload to Plex. And they're owned by big media - so only time they start suing users for files they know they have. Instead, check out FLOSS server Jellyfin!
Re: AOL to be sold to Bending Spoons for $1.5B
#243Earlier quoted context omitted.
Vimeo is the really interesting case for me, because they are the white label hosting providers for a large number of niche streaming services -- Criterion Channel comes to mind, for example. Evernote failing is sad but lower on indirect effects. Vimeo going down would leave a noticeable hole in the streaming world.
Vimeo won’t “go down” anytime soon. It might get worse/more expensive, but it’s not in imminent danger. And it’s also not the only white-label provider around, either.
Would not be surprised to see the two merged into a single service.
Re: AOL to be sold to Bending Spoons for $1.5B
#244Re: AOL to be sold to Bending Spoons for $1.5B
#245Re: AOL to be sold to Bending Spoons for $1.5B
#246Re: AOL to be sold to Bending Spoons for $1.5B
#247Earlier quoted context omitted.
Vimeo is the really interesting case for me, because they are the white label hosting providers for a large number of niche streaming services -- Criterion Channel comes to mind, for example. Evernote failing is sad but lower on indirect effects. Vimeo going down would leave a noticeable hole in the streaming world.
Dropout as well I think.
Re: AOL to be sold to Bending Spoons for $1.5B
#248Earlier quoted context omitted.
I’m honestly surprised that Vimeo never jived their niche. They could have been a great alternative to YouTube, in that they could have been the ownership platform for content creators. They just never seemed particularly focused long enough to make it happen
Vimeo never seemed to figure out what they wanted to be. Did they want to be a white label video hosting provider? Did they want to be a social media network? Did they want to be prestige TV for the online age? Did they want to be IFC (indie movies) for the internet? If they had picked one track and stuck to it they would have done a lot better but they ended up at the intersection of all those disparate spaces which…
Granted, I'm armchair CEO postulating about it, but that always seemed like a good niche that would cover the rest of the subsets in a variety of ways, especially if they had embedded a monetization program via ads like YouTube as a sub-brand for creators. A possible 1-2 punch to sustainable revenue.
Re: AOL to be sold to Bending Spoons for $1.5B
#249Earlier quoted context omitted.
This is exactly how European companies do when they acquire American ones, especially "Tech" companies that have well-paid technical staff. You can hire in Eastern Europe for far less, and can hire in Western Europe for still a significant bargain compared to what engineers and associated people make in California - plus, dealing with an 8+ hour time difference is brutal compared to keeping it all in Europe. A friend…
It's pretty wild to describe Italy as 'Eastern Europe'
Re: AOL to be sold to Bending Spoons for $1.5B
#250End of an era. (Well, OK, the era ended long ago, this is just the long-delayed tombstone I guess). Those of us coming out of the pre-boom internet always sneered, but those floppies they'd pack into every magazine were the gateway for the rest of the world.