Booting Up: Facebook Is Now Letting Teens Post Their Tantrums Publicly

Now on iPad. (Photo: Oyster)

Facebook is cashing in on the “teen trend” by allowing users aged 13 to 17 post publicly, which the social network can sell ads on. [New York Times]

Twitter has picked up another Googler to head up retail ad sales as it preps for an IPO. [Variety]

Oyster, the “Netflix for ebooks,” has landed on the iPad. [GigaOM]

Verizon Wireless made a measly $30 billion in revenue last quarter. [The Verge]

Importantly, the Pandacam is coming back online today now that the government shutdown is now over. [WJLA]


Booting Up: Twitter Now Lets You Receive DMs From Any Of Your Followers

(Photo: Zimbio)

Apple has picked Burberry CEO Angela Ahrendts to serve in a newly created role, overseeing the strategy and operation of its online and retail stores. [New York Times]

Twitter will let you receive direct messages from any on of your followers, regardless if you’re #teamfollowback. This sure sounds like a fun way to get more DM spam. [TechCrunch]

Blackberry issued a letter to customers claiming that it’s “here to stay,” you know, until it collapses. [Reuters]

With your Samsung Galaxy Gear on your right, your left wrist looks bare so Google is rumored to roll out its own smartwatch on Oct. 31. [9to5Google]

Tripadvisor has snapped up DOA startup It will be based in New York and operate under the Smarter Travel brand. [Skift]

The Future of the Ebook

Oyster Offers All-You-Can-Read Ebooks For Less Than $10 a Month

Now on iPad. (Photo: Oyster)

Last October, Oyster, a subscription-based ebooks startup, announced a $3 million seed investment from Founders Fund. Almost a year later, the company is finally opening the results up to the public, launching its service (on iPhones only, sadly) with more than 100,000 titles. $9.95 a month gets you all you can read.

Readers should get ready to gorge themselves–but don’t delete your Kindle app just yet, either. Read More

The Future of the Ebook

Founders Fund Bets on Oyster, a Subscription-Based eBook Business

The cofounders. (Photo: Courtesy Oyster)

An under-the-radar local startup named Oyster has raised a $3 million seed round, GigaOm reports, led by Founders Fund. Other backers include SV Angel, Founder Collective, Shari Redstone’s Advancit Capital, Chris Dixon, Sam Altman and others. But despite the foodie-friendly name, the company has other designs–namely, to feed you books to read on your iPhone.

As cofounder Eric Stromberg explained to Betabeat via email, “Simply put, we are building the best way to read books on your phone, and we think we accomplish that through the subscription model,” he added. Read More