"Summly is a free iPhone program that has a back-end that will automatically determine what the relevant facts of a story are and convert it into consumable bites of information (aka short summaries) to give you just enough to know what’s going on.
The company was started by Nick D’Aloisio, a 16-year-old founder who some believe to be the youngest person in the world to raise venture capital.
Summly launches to the world and anyone can download it for free. All the content on the screen is formatted specifically for the respective device and you won’t have to scroll through multiple screens to get the summary — just tap and read.
When you first open Summly, you will find that there isn’t much there. You have the option of creating channels from pre-determined news topics and personal filters.
The pre-determined topics are sourced from at least 300 English-speaking feeds while the news stories under the personal filters are generated through the Microsoft Bing API.
Standard Apple device gestures are integrated into this application to allow you to move forward or back, view additional options, and much more. Articles can also be shared through email, SMS, Facebook, and Twitter.
Once you’ve set up all your pre-determined news topics and personal filters, you can set them and watch it update..."
Imagine a world where banks take into account your online reputation alongside traditional credit ratings to determine your loan; where headhunters hire you based on the expertise you've demonstrated on online forums such as Quora; where your status from renting a house through Airbnb helps you become a trusted car renter on WhipCar; where your feedback on eBay can be used to get a head-start selling on Etsy; where traditional business cards are replaced by profiles of your digital trustworthiness, updated in real-time. Where reputation data becomes the window into how we behave, what motivates us, how our peers view us and ultimately whether we can or can't be trusted.
Welcome to the reputation economy, where your online history becomes more powerful than your credit history. . .
Social media is no longer just about Facebook. Social media is splintering and fragmenting as more users find increased activity about their interests and passions residing on other social networks, such as Pinterest, Instagram, and Twitter.