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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
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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