Yahoo! Continues To Attack Mobile, Buys News Gathering And Delivery Startup Summly, App Will Close – Techcrunch

Yahoo! has picked up the pace on pretty much everything since Marissa Mayer became CEO, especially mobile acquisitions. Just five days ago, the company acquired social recommendation company Jybe and the former Yahoo employees that come along with it. Today, it announced the acquisition of mobile news gathering and delivery startup, Summly. The app itself is gorgeous, allowing you to skim and share news quickly with some really intuitive gestures. Summly’s founder, Nick D’Aloisio, is just seventeen years old and the company had raised $1.53M from the likes of Horizons Ventures, betaworks, Shakil Khan, Matt Mullenweg, Troy Carter and even Yoko Ono. Summly was also working with News Corp on summarizing their content. A Yahoo! spokesperson says that the entire Summly team is joining the company in the next few weeks and that the app itself will close, which is a bummer for those who have been enjoying it over the past few months. The Summly service will be woven into of Yahoo...

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