Yesterday, hot on the heels of its recent spate of acquisitions, Yahoo! picked up an interesting little app started by a 15-year-old kid in his family’s London home. The app, Summly, was rumored to be picked up by the search company for a cool $30 million, and it stands to change the way Yahoo! looks at news generation.

More importantly, Summly has the potential to revolutionize how digital news is ingested, both online and on mobile.

The impetus for Summly came to teenage┬áNick D’Aloisio when he realized that the physical activity of sorting through and reading his daily online news was just exhausting. Founded in 2011, Summly cut down news articles by distilling their words into simple, 400-character summaries and displaying them on a mobile interface that catered to the user’s specific tastes.

Check out Summly’s concise description, with Stephen Fry, below: Read more