Yahoo Buys UK Teen's Smartphone News App

Posted by samzenpus on Monday March 25, 2013 @08:12AM from the sounds-familiar dept.

judgecorp writes "Seventeen year old Nick D'Aloisio has sold his smartphone app Summly to Yahoo for an undisclosed sum. The app — created when he was 15 — aggregates news stories by topic and condenses them for time-strapped readers. D'Aloisio and his team will go to work at Yahoo when the deal closes. From the article: 'Summly was founded by 17-year old Nick D’Aloisio when he was just 15 from his home in London. The service works by sorting news stories by topic and condensing them into bite-sized chunks for time-conscious readers. The Summly application will be closed down and integrated with Yahoo’s existing range of mobile applications. D’Aloisio and the Summly team will be joining Yahoo as part of the transaction, which is subject to customary closing conditions and is expected to close in the second quarter of 2013.'"

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Re:Summary Fail by Kenja · 2013-03-25 08:27 · Score: 5, Informative

And nowhere does it explain how Yahoo has any money... very suspicious.

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"Have you ever thought about just turning off the TV, sitting down with your kids, and hitting them?"
Re:Summary Fail by Anonymous Coward · 2013-03-25 08:33 · Score: 5, Funny

It also doesn't say how much Yahoo paid. They probably offered the teenager some Funyons and an official Marissa Mayer signed poster.
Re:Um, so... by Garridan · 2013-03-25 09:15 · Score: 5, Funny

No, he reinvented Slashdot editors. There seems to be room for improvement...