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Tuesday, March 26, 2013

YAHOO! New Mobile Summly Apps 2013

YAHOO!  New Mobile Summly Apps 2013

YAHOO! on Monday announced plans to buy mobile news reader app Summly from the London teenager who invented it. likely transforming him into one of the world's youngest self-made multimillionaires.
The company did not disclose the terms of the deal it struck with 17-year-old Nick D'Aloisio. but the 'London Evening Standard' said Yahoo! would pay between USD 30-60 million.
"We're excited to share that we're acquiring Summly. a mobile product company founded with a vision to simplify the way we get information, making it faster, easier and more concise." Yahoo! said in a statement.

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