GigaOM Reads: A look back at the week in tech

In Summly we trust, Flipping the magazines, Math Madness, Say no to contracts & iPhone comes to T-Mobile, plus cable cuts slow down the Internet and links to web-world greatness. A look back at the week in tech

Yahoo acquires news reading iPhone app Summly

Yahoo has acquired news-reading iOS app Summly, which was created by London teenager Nick D’Aloisio. Summly will no longer exist as a standalone app and will be removed from the iTunes Store today.

Meet the Internet’s newest boy genius

He is onto his fourth major iPhone app and his first startup. He has caught the attention of someone who previously invested in Skype, Facebook and Spotify. He thinks Google’s UI is not current with the web. And he is only sixteen. Meet London-based Nick D’Aloisio!