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Yahoo buys teen's news reader app for a reported $30M

Fresh off its grab of social recommendation site Jybe, Yahoo announced it is snagging the mobile news reader Summly, created by 17-year-old Nick D'Aloisio, who agreed to a deal worth $30 million dollars.

http://www.11alive.com/video/2255198994001/1/Yahoo-buys-teens-news-reader-app-for-a-reported-30M http://bc_gvpc.edgesuite.net/img/963482463001/201303/124/963482463001_2255181837001_thumbnail-for-video-2255176814001.jpg?pubId=963482463001 Yahoo buys teen's news reader app for a reported $30M Fresh off its grab of social recommendation site Jybe, Yahoo announced it is snagging the mobile news reader Summly, created by 17-year-old Nick D'Aloisio, who agreed to a deal worth $30 million dollars. millionarevpcbestSummlytechnologyNick D'AloisioteenmoneyvpcNational NewsyahooVPC;Reutersmobile 00:56

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