Why exactly did Yahoo purchase startup Summly for $30 million?

By Shawn Knight
Apr 10, 2013
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  1. Last month Yahoo acquired a news summarizing app called Summly for $30 million. The story garnered attention due to the fact that Summly was run by 17-year-old Nick D’Aloisio but there was something else fishy about the whole deal according...

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  2. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 8,560   +2,901

    I don't have a problem with that, seeing how Summly was purchased for $30 million.
    tehbanz likes this.
  3. RzmmDX

    RzmmDX TS Guru Posts: 306   +63

    So, he outsourced development to another company and is now rich?
    Time to start kickstarter and start outsourcing all my app ideas.
    tehbanz likes this.
  4. Jad Chaar

    Jad Chaar TS Evangelist Posts: 6,477   +965

    I liked this app. Too bad it was pulled from the App store.

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