Doing Apps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Economy. one european that's about to make a big deposit in his bank. this young man, his name is nick d'aloisio. he's 17 years old. he's about to be worth millions. yahoo reportedly just bought his company and the tech blog puts the price tag at $30 million. 17 years old, just sold his company to yahoo for $30 mill. he invented a news-reading app. in december, he told cnn's piers morgan how he got the idea. >> sure. i started programming when i was 12 and have been doing apps for a few years. and the way i thought of this idea is i was revising some history items and i thought if i could buil...

In december he told piers morgan how he got the idea. >> sure. i started programming when i was 12, and had been doing apps for a few years, and the way i thought of this idea is i was revising some history and i thought if i could build a piece of technology and take pre-existing content and summarize it and condense it, it would help people my age and everyone else consume it. >> the app takes articles, turns them into short summaries. nick still has to finish high school so he'll work from yahoo's london office. he'll be studying for his finals and working from yahoo and counting the money ...