Yahoo's $30M May Be Underpay for Summly's D'Aloisio

May 7 (Bloomberg) -- Gregory Gale, partner at Squire Sanders LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of 17-year-old British programming whiz Nick D'Aloisio in the recent sale of his mobile startup Summly to Yahoo! Inc. for a reported $30 million. Gale, in this "Rainmakers" episode, also explains why the biggest U.S. Web portal's purchase price may be an "underpay" for the teenage entrepreneur and discusses the reasons for increased overseas M&A activity by Silicon Valley companies.
Watch Toyota Turn Its Cars Into Co-Pilots
29:34 - Toyota has raised the stakes in the automated driving game, with a hands-free system that could be in your car by the end of the decade. Bloomberg News auto reporter Craig Trudell had a test-drive on the busy Tokyo Metropolitan Highway. (Source: Bloomberg)
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