Yahoo acquires mobile news aggregator SummlyMarch 25, 2013 - 18:27 AMT PanARMENIAN.Net - Yahoo announced it has acquired mobile news aggregator Summly, the latest in a string of acquisitions for mobile product talent, Mashable reports. 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 artificial intelligence and natural language processing. Users can separate them into customizable categories, like "Art and Design" or "Apple." Summly was founded in late 2011 out of the London home of Nick D'Aloisio, who was then 15. D'Aloisio raised a $300,000 seed round of funding that September form Li Ka-shing and Horizons Ventures, and raised a second, $1.23 million round of funding a year later from a long roster of diverse and recognizable names, including Zynga co-founder Mark Pincus, Ashton Kutcher, Yoko Ono and Wendy Murdoch. D'Aloisio says more than 90 million summaries have been read through the app since its launch in November 2012. Summly's team will be joining Yahoo in the coming weeks and the app will soon cease operation. Adam Cahan, senior vice president of mobile and emerging products at Yahoo, says the technology powering it will "come to life" through Yahoo's mobile products soon. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. |