Yahoo News Digest is the fruit of the company's purchase of the news-summarizing app, Summ.ly -- famously created by teen coding phenom Nick D'Aloiso.
Delivering a bundle stories two times a day, at 8 am and 6 am, human editors at Yahoo(YHOO) select the top 9 stories of the moment, feed a collection of links to the app's central brain, and it spits out a summary of those top stories. You'll be hard-pressed to find a more beautiful news reading experience on the iPhone.