British teen sells mobile news app to Yahoo for $30 million

Yahoo pays 17-year-old Nick D'Aloisio about $30 million for Summly. The Web giant also gains someone who truly thinks and lives in the mobile world.SAN FRANCISCO — 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.