Yahoo announced Monday it has acquired mobile news aggregator Summly, the latest in a string of acquisitions for mobile product talent. The price of the acquisition was $30 million, according to AllThingsD.
Summly is an iPhone app designed to allow users to quickly find news they're interested in. It aggregates and displays snapshots of articles from a variety of news sources using artifical intelligence and natural language processing (more about that here). Users can separate them into customizable categories, like "Art and Design" or "Apple."
To read the full, original article click on this link: Yahoo Acquires 17-Year-Old's News Startup
