News Corp iPad newspaper ‘The Daily’ to launch February 2

News Corp. Chairman & CEO Rupert Murdoch sent out invitations today to select media members for the launch event of a digital-only newspaper “The Daily”. “News Corporation Chairman & CEO Rupert Murdoch invites you to the launch of: THE DAILY”, the invitation reads. The event will be held at the Guggenheim Museum in New York City on February 2 at 11.00a. Present at the introduction of the new iPad newspaper will be Apple’s Vice President of Internet Services Eddy Cue. It is known that Apple’s engineers worked closely with News Corp’s people to build the new application.

It is expected that the magazine will cost 99c per week. With the debut of “The Daily” Apple will introduce a new subscription based model for purchases from the App Store, a long time asked feature that is missing today.
Source: The Loop