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Why Is That 17-Year-Old's $30 Million News App Even Legal?
This week: Summly is sold to Yahoo – making its 17 year ancient founder a millionaire , Google's offering £2 million to UK companies who are doing 'excellent', and Bitcoin's benefiting from the Eurocrisis. Positive Sweden's war of words… Filmed at the London Stock
The 17-year ancient founder of mobile news app Summly plans to close school and start more companies, after Internet giant Yahoo bought his product.
Like children at bedtime, news consumers like nothing more than to be told the same tale again and again.
A teenager has sold an app he designed to Yahoo in a transact business believed to be worth tens of millions of pounds. Nick D'Aloisio made 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
In recent weeks, the media is having a field day with Marissa Mayer's most recent acquisition of the 6-self Summly team out of the UK. With a teenage cofounder, it looked initially like Yahoo had bought a fantastic new technology, or perhaps a stellar
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