UK’s Nick D’Aloisio, 17, sells mobile news app to Yahoo for $30 million

March 26, 2013

Okay, then….

Meet Nick D’Aloisio, the 17-year-old British entrepreneur who just sold his popular news-reading app to Yahoo Inc. for close to $30 million, instantly becoming one of the world’s youngest self-made millionaires.

It’s the classic Silicon Valley success story of a young software prodigy striking it ridiculously and improbably big. But this time the spotlight is shining on the other side of the pond.

D’Aloisio, who taught himself to write software at age 12, built the free iPhone app Summly — which automatically summarizes news stories for small screens — in his London bedroom in 2011. He was just 15 years old.


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