Nick D'Aloisio

Tuesday, Aug 29, 2017, 11:50 am

By:James Fraser

Nick D'Aloisio developed 'Summly' app, which was a kind of short news app. When he was 17 years old, Yahoo acquired the app for a whopping $30 million. The company paid Nick 90% in cash, and the rest in the form of stocks. He is the man behind Yahoo's successful 'Yahoo News Digest' app, which is basically a transformation of Summly app.

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