News Corp names its app newspaper The Daily

NEW YORK - News Corporation is reported to have named its app-based newspaper The Daily, and is underwriting it with a $30m budget for the first year.

Rupert Murdoch: chief executive officer of News Corporation
Rupert Murdoch: chief executive officer of News Corporation

In recent weeks, The Daily has hired a string of editorial staff and is planning to launch before the end of the year.

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