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News app Summly's blockbuster sale to Yahoo shows how the smartphone rules
And despite its elegant delivery, that's a very high price, especially since Summly has been downloaded slightly less than one million times since launch — after a quick start amid much publicity over its founder — with about
Said Yahoo: “Founder Nick D'Aloisio and the Summly team are joining Yahoo! in the coming weeks. While the Summly app will close, we will acquire the technology and you'll see it come to life throughout Yahoo!'s mobile
Yahoo's new chief executive, Marissa Mayer, bought Summly to aid her drive to make the company better positioned for the shift toward mobile devices. Her former employer, Google, is wrestling with similar issues, albeit in different ways. So is her
The news of Yahoo's purchase of Summly, the news-summarizing app created by 17-year-old British wunderkind Nick D'Aloisio, rippled through the news world on Tuesday. The acquisition, while notable for going to an entrepreneur so young, is hardly the
Yahoo! announced today that it will be acquiring mobile news start-up Summly. The deal, said to be worth around $30 million, is for both the app and the team,
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