Yahoo has acquired Summly, a news summarisation app company owned by a 17-year old-student from the UK. The technology summarises news stories by cutting them down into "snapshots", the idea being that...
The deal is expected to face regulatory challenges due to potential antitrust implications
The regulator is seeking comments on the impact of the deal on competition in the UK
The company is betting $28 billion on remote working
But the government's contact tracing app has a success rate of less than 1%
OneWeb's emergence from bankruptcy means buyout by the UK government and Bharti Global can go ahead.