16-year-old launches £600,000 Apple app

A 16-year-old South London schoolboy launched an iPhone app this week after raising more than £600,000 from investors and celebrities, including Stephen Fry and Yoko Ono.

Nick D'Aloisio's Summly app takes full-length articles then niftily converts them into summaries. And the app has been crowned Apple's App of the Week.%VIRTUAL-SkimlinksPromo%