Freshly Minted

Why’d Apple Buy Beats and Booklamp? Probably to Build a Massive Subscription Platform

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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.

The deal: Apple acquired book analysis startup Booklamp for an alleged $10 to $15 million, likely to begin work building a book subscription platform, or something much bigger.

Apple is always stark and shady when it comes to their acquisitions. They’ve bought a number of under-the-radar startups, and when asked why, they offer up the same response:

“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Read More

Apples and Androids

Reading Habits Indicate Android Users Are Fun, iPhone Users Are Lifehacking Megalomanics

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In the war between iOS and Android, there are a few things we know: iPhone users are big spenders, live in more affluent neighborhoods and are vastly outnumbered by their Android counterparts. But now, we also intimate knowledge of their reading habits, which shows us more about their personalities than anything we’ve seen so far.

Oyster, the Netflix for books, released a study of their readers this morning, comparing the reading habits of iOS users with the Android users that have signed up since their recent Android release and redesign. Oyster told Betabeat that they pulled from their entire user database for the study. Read More

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

Crime and Punishment

Frying Pan-Wielding Teen Allegedly Attacks Mom Over Her Refusal to Loan Him Her Kindle

Weapon. (Photo: Amazon)

Today’s edition of “Unruly Teens” comes from Ballston, Va. where the first Kindle-related quarrel might have been recorded.

The Arlington County Police Department reports that a 16-year-old hit allegedly his mother over the head with a frying pan after she refused to let him borrow her Kindle. While it’s unknown what kind of Kindle it was and whether the kid was just really eager to start reading The Circle, we do know that the incident happened earlier this month in the Arlington suburb. Read More