Vimeo is going private: The video platform, at one time a would-be competitor to YouTube, has agreed to be acquired by European tech company Bending Spoons, in an all-cash deal valued at approximately ...

Employees reported major job cuts this week, just months after the video hosting site was bought by Bending Spoons.

Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.