Summly’s teenaged founder says he wants to help make Yahoo great again


Nick D’Aloisio just agreed to sell his mobile news-reading startup Summly to Yahoo (s yhoo) for a rumored $30 million — which wouldn’t be that unusual, except for the fact that D’Aloisio is 17 years old. But while many seem to be assuming the young entrepreneur will take his windfall and flee the faded internet portal as soon as he possibly can, D’Aloisio said in an interview that he has no intention of doing this — on the contrary, he says he wants to stay and help Yahoo capitalize on its strengths and find a way to return it to greatness.

The young Brit created Summly to try and help solve the problem of consuming news content on a mobile device (something a number of others are focusing on as well, including San Francisco-based Circa). The app created machine-generated summaries of news articles, and D’Aloisio said in a phone call…

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