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News app Summly's blockbuster sale to Yahoo shows how the smartphone rules

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The Summly app will close down and the technology will be integrated into Yahoo's mobile platform. Yahoo is marching ahead with its plan to acquire struggling start-up companies. Its recent purchases include Stamped, a mobile review app maker; OnTheAir Yahoo announced the acquisition Monday in a post on the company blog, and Nick D'Aloisio confirmed [...]

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