A 17-year-old has sold an app he designed to Yahoo! in a deal believed to be worth tens of millions of pounds.
Nick D'Aloisio created Summly, which offers "snack-sized content" from media sources, when he was just 15.
In a message on the Summly website, he wrote: "I am delighted to announce Summly has signed an agreement to be acquired by Yahoo!.
"After spending some time on campus, I discovered that Yahoo! has an inspirational goal to make people's daily routines entertaining and meaningful, and mobile will be a central part of that vision. For us, it's the perfect fit.
The teenager, who is studying for his A-levels, will join the Yahoo! team in London.