Murdoch Launches iPad Only Newspaper "The Daily"

Is the newspaper reborn? Rubert Murdoch has launched The Daily.

"New times demand new journalism," Murdoch said. "So we built The Daily completely from scratch, on the most innovative device to come about in my time -- the iPad."

Yup - it's a newspaper that you can only get on an iPad. It costs 99 cents a week to subscribe.

Calling for a "digital renaissance," the News Corporation chairman and CEO joined with Apple at a New York press conference today to unveil the new venture, billed as the first "newspaper" designed specifically for the iPad.