TeleRead, one of the leading sources of eBook news on the web, is imploding. Long-time editor Paul Biba resigned a week ago last Monday, and he apparently gave publisher North American Publishing no notice of his departure. Then, late last week, NAPCO appointed Dan Eldridge editor--Eldridge just joined NAPCO a little more than a month ago, is working on multiple publications and has no eBook industry experience. That was followed on Tuesday by the resignation of senior writer Chris Meadows, who contributed almost as much content as Paul Biba and kept the site afloat after Biba left. Meadows is joining competing site The Digital Reader. Finally, today, Eldridge posted "Interested in writing for TeleRead?", but in response to a question, he said that writers wouldn't be paid.