Yahoo! just announced that it is acquiring Summly. The App was created by Nick D'Aloisio at the age of 15.
Yahoo! is buys Summly. Summly is an app that summarizes news. If Meltwater loses its appeal against AP, Summly is likely in jeopardry like most news aggregators. Not sure if Yahoo! thought that through.
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The cool part of this story is though that Summly was created by a 15 year old British teenager named Nick D'Aloisio. Nick and the Summly team are joining Yahoo! in the coming weeks. While the Summly app will close, you will see the technology come to life throughout Yahoo!’s mobile experiences soon.