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Yahoo buys 17-year-old's app for $30 million

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Tags: Ashton KutcherAshtonKutcherbangalore-buzz-bangaloreiPhone appIphoneAppJybeMarissa MayerMarissaMayernews summarization appNewsSummarizationAppNick DAloisioNickDaloisioRSS feedRssFeedSummlyYahoo

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Marissa Mayer, after declaring that she wants Yahoo to be "a predominantly mobile company," is apparently putting her company's money where her mouth is. Yahoo just bought the news summarization app Summly for an undisclosed amount, the company announced on Monday. Yahoo didn't disclose how much Yahoo paid for Summly, but AllThingsD's Kara Swisher puts the figure at "just under $30 million" after talking to her sources. Founded by Nick D'Aloisio when he was just 15-years-old, Summly was an ...

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