TechTaffy

tech:

taffy

Yahoo Acquires Mobile Product Company Summly Run By UK Teen

By TechTaffy Desk

summly

Yahoo is acquiring Summly, a mobile product company run a by 17-year old, from his London home.

Mr. D’Aloisio and the Summly team will be joining Yahoo. While the Summly app will close, says Yahoo, users will see the technology used throughout Yahoo’s mobile experiences soon.

At the age of 15, Nick D’Aloisio created Summly, an app that generates summaries from news sources. Summly has backing from Horizons Ventures. Angel Investors and advisors include Ashton Kutcher, Betaworks, Brian Chesky, Hosain Rahman, Jessica Powell, Joanna Shields, Josh Kushner, Mark Pincus, Matt Mullenweg, Seb Bishop, Shakil Khan, Spencer Hyman, Stephen Fry, Troy Carter, Vivi Nevo, and Yoko Ono, among others, according to the Summly website.

Just in

Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.