Oyster announced
late Monday afternoon that it was shutting down its ebook service. Rumors are circulating that the company has been sold, but all we know at this time is that Oyster will be:
Quote:
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taking steps to sunset the existing Oyster service over the next several months. If you are an Oyster reader you will receive an email personally regarding your account in the next few weeks. We look forward to sharing more details soon, but rest assured, your account will continue to operate normally in the meantime.
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Not surprised.
Oyster was the smaller than Scribd or KU, and after Scribd faced a couple setbacks this summer, it was obvious that Oyster would soon have problems as well.
The only remaining question is whether someone bought Oyster, and what is going to happen to the tech. Would anyone care to guess?
The Digital Reader