Yahoo Pays 30 Million for Mobile App Created by 15-Year-Old

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Yahoo Pays 30 Million for Mobile App Created by 15-Year-Old

The move makes d’aloisio, based in london, both an … That news alone probably wouldn’t be interesting enough to make headlines around the world, so why are we writing about it … Seventeen-year-old nick daloisio created his app called summly when he was only 15. Yeah, this is really happening, he said in a phone interview today to confirm he had sold his company, summly, to internet giant. Seeing the growing potential of this app, yahoo has decided to acquire the 15 year old’s startup for a whopping $30 million. 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 … · its all in a days work for 17-year-old nick daloisio. It started with an insight — that we live in a world of constant information and need new ways to simplify how we … · summly is a mobile news aggregation app that doesn’t make any money, but no matter. · yesterday, yahoo. com paid $30 million for an app called summly. It seems both yahoo and nick are happy. · and in only a few months of it’s release, it generated more than 90+ million summaries. The app got so much popular that in the same year, yahoo approached nick and bought the app for $30. On monday, d’aloisio sold his startup to yahoo for close to us$30-million, allthingsd reports. · yahoo has paid a reported us$30 million for summly, a newsreader app founded by 17-year-old programming prodigy nick d’aloisio. · at the age of 15, nick d’aloisio created the summly app at his home in london. · a british teenager has sold his mobile application to yahoo for a reported $30 million.

Yahoo! Pays $30 Million For 17 Year Olds iPhone App | Cult of Mac

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