Tag : million dollar business

Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur’s Time

Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur’s Time

From: AllThingsD Earlier today, Yahoo said it hadacquired the trendy and decidedly stylish news reading app Summly, along with its telegenic and very young entrepreneur Nick D’Aloisio. Yahoo said it plans to close down the actual app and use the algorithmic summation technology that the 17-year-old D’Aloisio built with a small team of five throughout [...]

Singaporean-Finnish Startup Nonstop Games Raises $2.9M For Core Gaming On iOS, Android

Singaporean-Finnish Startup Nonstop Games Raises $2.9M For Core Gaming On iOS, Android

From: TechCrunch Nonstop Games, a Singaporean-Finnish gaming company (yes, really), just picked up $2.9 million from two Scandinavian venture firms, Creandum and Lifeline Ventures, to build out core games for iOS and Android. The company’s team has an interesting backstory. Henric Suuronen was a head of studio at one of Europe’s biggest social gaming companies Wooga, and [...]