Nick D'Aloisio
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Yahoo spends 'millions' on UK teen Nick D'Aloisio's Summly app

An app created by a UK teenager has been acquired by web giant Yahoo in a deal the BBC understands to be worth "dozens of millions" of pounds.

Seventeen-year-old Nick D'Aloisio's Summly app summarises news stories from popular media companies.

Neither company would disclose the terms of the deal publicly.