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Teenage CEO of Summly wants to 'Cliff Note' the news

Even in a Silicon Valley flush with young college dropouts, 16-year-old Summly CEO Nick D'Aloisio's age is still an attention grabber.

And despite his age, or maybe because of it, he's perfectly comfortable with reincarnating his product -- technology that can automatically summarize information -- as needed. D'Aloisio's company released a news reading app today that summarizes news articles, creating a sort of CliffsNotes for the news, for the iPhone.

It'll be the second time the London-based teenager has repackaged his product, and this time he did it because he feels like the consumption … Read more