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Yahoo Aims For Simplicity With $30M Summly Acquisition
2013-03-26 14:05:08

Enid Burns for redOrbit.com — Your Universe Online Yahoo has acquired Summly, a mobile news aggregator that aims to make the gathering of news and information simple. Summly was acquired for a reported $30 million; 90 percent in cash and 10 percent in stock, according to AllThingsD. The mobile news aggregator has some high-profile relationships and investors. Summly works closely with News Corp, and is backed by Chinese investor Li Ka-Shing and angel investors including Ashton...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.