Wavii, which aggregated and summarized news, has been bought by Google.
News of the impending deal and its price (“more than $30 million”) had already been widely discussed following Business Insider andTechCrunch reports, so what’s interesting here is what happens to Wavii.
And the answer? It’s being shut down.
“While we won’t continue to offer [our] particular service, we’ll be using our natural language research at Google in ways that may be useful to millions of people around the world,” CEO Adrian Aoun wrote in a post that replaced the Wavii website this morning.
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