Startup

Bending Spoons, the Milan-based company that acquires and revitalizes aging tech brands, saw its shares surge nearly 40% on its first day of trading on Wednesday, defying a broader slump in software-as-a-service (SaaS) stocks.

Bending Spoons, the Italian company known for resurrecting struggling internet brands, went public on the Nasdaq today at an opening valuation of over $18 billion, with shares surging 40% by market close.

10Beauty, a Boston-based robotics company, has raised $23.5 million in new funding led by Story Ventures to expand its robotic manicure system into retail stores and salons.

A developer has released an open-source mathematical fault-isolation accelerator engine on Hacker News, promising to eliminate branch divergence in AI accelerator runtime.

A new audio brand, Daisy, has entered the premium headphone market with its first product, the Daisy One, aiming to disrupt a space dominated by Apple, Sony, and Bose.