At the ongoing Consumer Electronics Show in Las Vegas, Yahoo has announced a number of interesting developments across its various products and services. These include a new advertising approach, the Yahoo Smart TV, and the new Yahoo Food and Tech sites. But perhaps of utmost relevance to us iOS users is the launch of Yahoo News Digest.

Yahoo News Digest is a new iOS app that appears to be the culmination of Yahoo’s March 2013 acquisition of the news summarization app Summly. While Yahoo has integrated Summly into some of its iOS apps, Yahoo News Digest is decidedly the Internet giant’s most “Summliest” app yet.

Similar to waking up to the morning paper and coming home to the evening news, Yahoo News Digest helps you “get in the know in no time” by delivering digests of important news twice a day, once in the morning and once in the evening (8 a.m. and 6 p.m. EST).

If you can’t see the video embedded above, please click here.

These digests collect the best pieces from around the Web and combine them into easily absorbed stories. According to Yahoo:

Each story is created from multiple sources to present the essential bits and pieces of information, known as “Atoms”. Atoms are key quotes, images, videos, stock tickers, maps, infographs, and Wikipedia excerpts among others. These atomic units provide a unique context to the news. Our stories are both algorithmically and hand curated to ensure high quality, and come with a textual summary.

Yahoo News Digest is available now in the App Store for free. It’s optimized for iPhone and iPod touch running iOS 7.0 or later.

See also: Yahoo Sports 5.0 Features iOS 7 Redesign Plus GIF-Like Memetastic Loops, Yahoo Screen Updated With Channel Personalization, Search Autocomplete And More, and Yahoo Weather Goes Universal: Flickr-Enhanced Forecasts Now Optimized For iPad.