Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur's Time

Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur's Time

allthingsd.com
Earlier today, Yahoo said it had acquired the trendy and decidedly stylish news reading app Summly, along with its telegenic and very young entrepreneur Nick D’Aloisio. Yahoo said it plans to close down the actual app and use the algorithmic summation technology that the 17-year-old D’Aloisio built with a...
Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur's Time
                                       

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Yahoo continues its mobile spending spree with acquisition of intelligent news app Summly
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www.businessinsider.com
Paula Long is known in the enterprise tech world as the co-founder of EqualLogic, a storage company bought by Dell for $1.4 billion in 2008. Last year, she began working on a new startup, DataGravity, still in stealth mode. Long has been tight-lipped about DataGravity. But she just opened up...
EXCLUSIVE: Paula Long's New $42 Million Startup Is An Ingenious Way To Do Big Data

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www.insidefacebook.com
PMD Marin Software goes public – Ad tech company Marin Software today went public after raising $105 million from an initial public offering priced at $14 per share. The stock opened at $19 per share and closed at $16.26. Marin began in 2006 as a paid search company, but was an...
Facebook and industry roundup: Marin, SDKs, Dachis Group, Perfect Audience, more
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Family app Life360 launches premium version that emphasizes safety

gigaom.com
There’s a good deal of focus on family-oriented social networks right now, including apps like Path or neighborhood-focused sites like Nextdoor. But Life360 CEO Chris Hulls, who is launching the company’s premium features this week, thinks he has the better approach — and the user numbers and traction to back it...
Family app Life360 launches premium version that emphasizes safety
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