Yahoo! Pays $30 Million For 17 Year Old’s iPhone App

Cult of Mac
By Killian BellMar 25, 2013, 12:01 pm666 pts
Yahoo! has today announced that it’s acquiring Summly, an iPhone app developed by Nick D’Aloisio when he was just 15, for $30 million. The app is designed to provide users with “pocket sized news” by condensing long articles into just a few paragraphs of text that are easy to consume on the go. With Summly,…

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