Freshly Minted

Freshly Minted: For This Book Subscription Platform, The Publishing World Is Their Oyster

As reading habits shift over to digital, subscription models are poised to seize a huge portion of the ebook market. (via Getty)

Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.

This week’s deal: Oyster, the Netflix for books, signed a deal with Simon & Schuster that will give Oyster subscribers access to Simon & Schuster’s entire backlist.

Oyster, a service that charges $10 a month for all-you-can-read access to a library of half a million books, just added heavyweight Simon & Schuster to their list of publishers. That makes two of the Big Five companies that dominate the publishing game, and if Oyster can sign on the remaining three publishers, they could take their place among companies like Spotify and Netflix as one of the great subscription titans of the decade. Read More

E-READER WARS

Judge in Apple E-Book Trial Confesses She Totes Loves Her iPad

Judge Denise Cote (Photo: law.columbia.edu)

The Apple e-book trial could go either way, and we may not know the outcome for a few months. But on the second-to-last day of the case, the presiding judge divulged not only her familiarity with the iPad, but also her love for it.

Lisa Rubin, the attorney representing Apple, had Apple iBookstore head Robert McDonald demonstrate the iPad’s page-turning animation when Ms. Cote interrupted, Read More

EduTech

Professors Can Now Tell Whether or Not You’ve Actually Done the Reading Assignment

(Photo: Goodereader.com)

It’s a tale as old as time: professor assigns you a truckload of reading, you skim it, maybe highlight some parts if you’re feelin’ real fancy, and close the book while praying a close-read isn’t required for the exam. But all good things must come to an end some time, and cheating on your reading assignment is no exception: The New York Times reports that professors are wising up to your game, and beginning to use technology to help them determine whether or not you’ve actually completed the assigned reading. Read More