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"The iPad-only news outlet 'The Daily' will shut down next month, its parent company News Corp. said Monday.'The Daily,' which launched in Feb. 2011, is a digital publication that was only available on the iPad for paying customers. While the publication was originally touted the future of journalism and encouraged by (NASDAQ: AAPL)  late CEO Steve Jobs, the business model was ultimately not sustainable. \"From its launch, The Daily was a bold experiment in digital publishing and an amazing vehicle for innovation. Unfortunately, our experience was that we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term,\" News Corp.'s chairman and CEO Rupert Murdoch said in a   company statement.   Some staff from 'The Daily' will be folded into 'The New York Post,' which is another News Corp. property. Technology and other assets will also become a part of the The Post, according to the company's statement. Related Stories image: &amp;copy; World Economic Forum"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.hitc.com/en-gb/2012/12/03/murdochs-the-daily-is-shutting-down/>