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Teenager to multi millionaire: Nick D'Aloisio, developer of Summly

Nick D'Aloisio a 17 year-old British teenager is now a millionaire after he sold his summarisation app to Yahoo for a sum of $30 million. He isn't an overnight success story as the lad has been designing apps for mobile devices since he was 12 years of age. His current iPhone app 'Summly' was developed at the age of 15 and provides users with summaries of stories on their phones. Summly makes use of... 

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Google crosses milestone of 1 billion unique visitors in May 2011

Online research firm, ComScore has revealed that every 7th person today, uses services provided by Google. ComScore stated that the world population stands at 6.93 billion today, according to their statistics from May 2011, there were a billion people who used Google or its services. According to the same report, Microsoft came second with 905 million visitors in May 2011. Last year’s 3rd ranked... 

Google, Bing and Yahoo unite for improved results

In a bid to perk up search results, Google has united with other search providers like Microsoft and Yahoo to form schema.org which is aimed at providing advanced service where web searches are concerned. The three top firms would help to create a faster and more effective set of HTML tags that would lead to better results and quicker data. Schema.org will consist of about 100 various HTML tags for... 

Yahoo tops misspelled searches of the year

Yahoo has recently released a list of all the wrongly spelt words that browsers have used during the year 2011. The search engine is programmed to involuntarily correct some of these spelling mistakes and guide the user onto the right path is a blessing as it would lead to a lot of confusion and unhappy browsing. At other times when the search engine has not been able to decipher the word it has naturally... 

Yahoo to introduce upgraded email service

In order to give users something to look forward to keeping in mind that Google, Twitter, and Facebook are popular communication mediums, Yahoo Inc is ready to bring on a long pending email facelift. The soon to be seen changes are based on a redesigned format that yahoo began testing late in 2010, and users will make the switch over the next couple of weeks. The new yahoo email forma will enable users... 
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Yahoo buys online advertising service for $28 million

In a deal which was successfully completed yesterday, Yahoo Inc. paid $28 million to buy 5 to 1 Holding Corporation, an online unprofitable advertising service. This deal is considered as an attempt by the Internet giant Yahoo, as an effort to restart its growth in the industry. The basic function of this $28 million 5 to 1 Holding company is to place online ads for companies which are looking for... 
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