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28 March, 2013

When a 17-year-old high school student can sell an iPhone app based on another firm's technology and with no revenue for $US30 million ($28.6m), has the world gone mad? The Summly app, which at its core uses technology from Silicon Valley nonprofit research institute SRI International, summarised news articles to make them easier to read on a small screen.

http://www.smh.com.au/digital-life/mobiles/teens-28m-payday-a-high-price-in-yahoos-quest-for-cool-20130327-2gtgt.html