News Corps “The Daily” officially launched Feb 2011 and was one of the first major electronic newspapers taking advantage of Apples subscription service for iPad content.

As part of a digital restructuring initiative, the company will cease standalone publication of The Daily iPad app on December 15, 2012, though the brand will live on in other channels. Technology and other assets from The Daily, including some staff, will be folded into The Post.

CEO Rupert Murdoch blamed the lack of sufficient audience growth as the reason behind the decision, while underlining that the things learnt from the production of The Daily would continue into the production of the digital editions of its key publications such as the New York Post.

Source: News Corps