Yahoo! snaps up Summly as shift in focus on mobile over SEO continues

Yahoo! has snapped up a news reading app designed by a young British entrepreneur for a deal worth between £20 -£40 million. Summly, designed by 17-year-old Nick D’Aloisio, is a news summarising app – freely available on the iPhone – designed to condense information from news stories down to fit snuggly on to a mobile […]