Thursday, March 28, 2013

Summly sale storytelling hides horrible home truths

A teenager has sold an app he designed to Yahoo in a deal believed to be worth tens of millions of pounds. Nick D'Aloisio created the tool at his home in Wimbledon, south-west London, at the age of just 15, and now two years later it has been bought by

Like children at bedtime, news consumers love nothing more than to be told the same story again and again.

Like children at bedtime, news consumers love nothing more than to be told the same story again and again.

The teenage founder of news app Summly has said he is "more motivated" to develop other services despite already becoming a millionaire. Nick D'Aloisio, 17, this week sold his app to web giant Yahoo! in a multimillion-pound deal. The exact value has

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

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Summly sale storytelling hides horrible home truths

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