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Was YHOO the Belle of the CES Ball?

Here's what was announced and what it could mean for YHOO stock

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Yahoo News Digest

What it is: A summary of the days top news delivered twice a day to iPhone and iPod touches. It was developed by British teenager Nick D’Aloisio, who sold his Summly business to YHOO for a reported $30 million last year. The feature, according to D’Alosio, takes “summarization to the next level” by selecting “atoms”, important bits and pieces of stories, using algorithms and human editors. It will use multiple sources and includes infographics, videos and photos.

Takeaway: This is an interesting idea, but why would a news consumer need Yahoo News Digest? Finding summaries of news articles isn’t hard at sites such as Google (GOOG) News and BuzzFeed. The New York Times (NYT) offers readers RSS feeds of article summaries as well as do most other newspapers.

Yahoo, though, understands that in order to deliver content in interesting ways, it needs interesting content. Which leads us to…

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