Stat of the day: 24,000

Summly, an iPhone app designed by a 16-year-old boy in his bedroom, has been downloaded 24,000 times in under a week.

by Rebecca Burn-Callander
Last Updated: 09 Oct 2013

He's the latest 'boy genius' on the technology scene. London-born Nick D'Aloisio has designed three apps to date and has just won the backing of Li Ka-shing, the 11th richest person in the world.

The Chinese businessman, nicknamed 'Superman' because of his prowess in the boardroom found out about the teenage wunderkindt after he was featured in Wired magazine. Ka-shing's investment vehicle, Horizons Ventures, is backing the further development and commercialisation of the app (the amount is as yet undisclosed).

Nick D'Aloisio's Summly app has won praise from across the tech circuit for its intuitive usability and cutting edge sifting tools. The premise is simple: Summly uses complex algorithms to summarise web content into easily-digestible bullet points and keyword listings, which you can then share. In independent tests performed by researchers at MIT, D’Aloisio’s patent-pending app performed up to 30% better than other existing algorithms.

But the teenage app inventor isn't letting his new-found fame go to his head: 'I've been called the next internet genius but I don't want to get arrogant,' he says.

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Want to encourage more female leaders? Openly highlight their achievements

A study shows that publicly praising women not only increases their willingness to lead, their...

Message to Davos: Don't blame lack of trust on 'society'

The reason people don't trust you is probably much closer to home, says public relations...

Dame Cilla Snowball: Life after being CEO

One year on from stepping back as boss of Britain's largest advertising agency, Dame Cilla...

How to change people's minds when they refuse to listen

Research into climate change deniers shows how behavioural science can break down intransigence.

"Paying women equally would cripple our economy"

The brutal fact: underpaid women sustain British business, says HR chief Helen Jamieson.

Why you're terrible at recruitment (and can AI help?)

The short version is you're full of biases and your hiring processes are badly designed....