Read our new manifesto
22 - 26 March

Festival for a rapidly changing world

Topics include: Direct to consumer / E-commerce / Data & privacy / Martech

Yahoo snuffs out its news app in fresh round of cuts

Yahoo snuffs out its best app in fresh round of cuts

Yahoo is to close down its popular News Digest app by the end of the month, marking one of the first major cutbacks since the service was taken over by Verizon in a £3.6bn deal just 10 days ago.

Launched amidst much hope and fanfare in 2014 the app employs technology invented by a British teenager to edit news items prepared by other outlets into shorter pieces, propelling it to a combined install base of 9.5m across iOS and Android devices.

Nick D'Aloisio was reportedly paid £20m for his creation, which once downloaded presents with a twice daily update of six to eight main stories comprised of truncated text, images and graphics which readers can flick through.

Support for the service will now be ended however as Yahoo seeks to funnel traffic toward its primary Yahoo Newsroom app instead.

The news follows an admission by Oath, the Verizon-owned media company formed from a merger of Yahoo and AOL, that consolidation of its own technology is now inevitable.

Join us, it's free.

Become a member to get access to:

  • Exclusive Content
  • Daily and specialised newsletters
  • Research and analysis