Tag: li ka shing
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Yahoo pays Millions to Teen Coder (the real story)
The story in the tech news of the last few days is the purchase of Summly by Yahoo for the sum of $30M, making the 17-year old founder Nick D’Aloisio an instant millionaire. It sounds fairly simple. The story they want you to believe: Teen whizz writes cool app. Â App downloaded by millions. Â Yahoo gets…