[kennyc]

Go Go Google Books.....

Oyster, an e-book subscription company, announced that it would cease operations of its two-year-old service.

In a post to its blog on Monday, the New York-based company, which has raised about $17 million, did not say why it was shuttering its current e-book subscription service. Oyster also suggested that it would focus on other unspecified e-book ventures following the closure of its subscription business.

That unspecified venture, it turns out, will be at Google GOOGL +0.86%. A Google spokesman confirmed a report from Recode that the search giant had hired some members of the Oyster team TISI +%. The new hires will be working in the books section of the Google Play store, the spokesman said. He declined to say how many Oyster employees are joining Google or what, specifically, they would do.....

http://www.forbes.com/sites/ryanmac/...rs-operations/