Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Yahoo! Inc. (YHOO)’s News Digest Heading to Apple Watch, Headed by 18-Year-Old Summly Creator

Yahoo! Inc. (NASDAQ:YHOO)’s News Digest, essentially a rebranded version of the Summly app they purchased last year from its 18-year-old developer  Nick D’Aloisio, is being tweaked to function with Apple Inc. (NASDAQ:AAPL)’s upcoming Apple Watch. D’Aloisio, now the Project Manager of Yahoo News Digest, spoke with Bloomberg today about the app and its transition to the Apple Watch.

Yahoo! Inc. (NASDAQ:YHOO)

“So the form factor is really interesting. Because it’s a small screen, what’s interesting about summarization and Summly, is it really lends itself to that. If you think about the art of condensation, the whole point is you want a small screen real estate, and so in the case of the Watch we’re really excited to bring kind of hyper-summarized, bite-sized information to that product. It’s something you have on your wrist, you check for five to ten seconds at a time, and so there’s a nice little space there we can move into,” D’Aloisio said.

Summly, which D’Aloisio sold to Yahoo! Inc. (NASDAQ:YHOO) for $30 million last year, sends daily news briefings to users, each containing a collection of news summaries. Those summaries are the product both of technology and journalism, being gathered by algorithm, but ultimately tweaked by editors.

D’Aloisio said that aside from the work being done on the app for the Apple Watch, the greatest challenge for the Yahoo! Inc. (NASDAQ:YHOO) News Digest otherwise is simply growing it and getting the word out. Retention rates are high, which means users are satisfied with the app, now it’s simply a case of growing its audience.

Yahoo! Inc. (NASDAQ:YHOO)’s work on the Yahoo News Digest is just one facet of their continuing shift to mobile and into the media space. Yahoo! Inc. (NASDAQ:YHOO) also released two new digital magazines earlier this year alongside the News Digest’s unveiling, and added prominent media figure Katie Couric as a “global anchor”, who will among other things, produce video segments focused on explaining or condensing difficult concepts or news down into easier to understand chunks.

Yahoo! Inc. (NASDAQ:YHOO) is up 12.76% in trading this month on the strength of their position in Alibaba, which makes its debut on the New York Stock Exchange tomorrow.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.