Ebook subscription service Oyster announced late Monday afternoon in a blog post that the company would wind down operations “over the next several months.” Publishers told us to expect this development earlier in the day, as part of a sale of Oyster. The subscription company then confirmed to Re/code that “a portion” of staff are going to work for Google Play Books, and sources told the site that Oyster ceo Eric Stromberg, co-founders Andrew Brown and Willem Van Lancker are among those who will work for Google. Sources said Google is de facto the buyer, paying Oyster for the right to hire some of its […]
