What happened to Summly?

News aggregation app Summly, created by UK tech entrepreneur Nick D’Aloisio and sold to Yahoo for $30m, is shutting down. Now, four years later, Yahoo, recently sold to Verizon for a staggering $4.5bn, has announced plans to shut down its News Digest app built using Summly’s technology by the end of this month.

Where is Nick D’Aloisio now?

D’Aloisio is currently the founder of a startup called Sphere, which has raised $30M in investment. He is also a student at Oxford University, where he completed the BPhil Programme in Philosophy and will continue onto the PhD (DPhil) course in October 2021.

Who created Summly?

Nick D’Aloisio
Summly/Founders
D’Aloisio created an iPhone app called Summly, which summarises news stories, and was downloaded by nearly a million people. “It helps publishers reach out to a younger audience,” he says. “There is a generation of skimmers.

How much did summly sell for?

From Summly to Silicon Valley: The teen who sold his app for $30 million.

How old is Nick Aloisio?

25 years (November 1, 1995)
Nick D’Aloisio/Age

What does summly app do?

Summly is a web platform and smartphone app that provides algorithmically-generated summaries from thousands of sources.

How does summly algorithm work?

Summly uses a more abstract method, starting with a special algorithm that extracts text from a web page using HTML processing. The app analyzes the text and regurgitates selected, condensed portions of the article as bullet points.

What do you need to know about Summly app?

Summly is a web platform and smartphone app that provides algorithmically-generated summaries from thousands of sources. Simple, intuitive and elegant. Summly redefines news for the mobile world with algorithmically generated summaries from thousands of sources.

What is Summly and what does it do?

Summly is a web platform and smartphone app that provides algorithmically-generated summaries from thousands of sources.

When did Summly get acquired by Yahoo News?

With backing from Horizons Ventures, and help from many NLP and AI experts around the world, Nick and the Summly team have been able to further develop summarization technology, the first result being the new Summly mobile news app. Summly was acquired by Yahoo on Mar 25, 2013.

What does Summly do for the Mobile World?

Summly redefines news for the mobile world with algorithmically generated summaries from thousands of sources. Innovative gestures, animations and great summaries make reading the news fun: easy to use, easy to scan, easy to read, clear and concise. summarization prototype that garnered significant interest worldwide.