Rupert Murdoch has announced on Wednesday that a news application named The Daily has been designed for the iPad. It will be a path-breaking invention as per Murdoch. He has mentioned that he is expecting to position his News Corporation front and center in the digital newsstand of the future. The users may avail this service in near future.

Murdoch has also said that new journalism techniques should come up with time. He was addressing an audience of reporters, media executives, employees and advertising partners at the Solomon R. Guggenheim Museum in New York.

‘The Daily’ is going to be a first of its kind and it is expected that the tablet lovers will love to have this application in their device. It may be considered as a general interest publication and it will be helpful to refresh the customer every morning as well. To avail this service, the customers have to pay 99 cents per week or they may pay $40 for year.

Murdoch has added that the Daily would become a successful endeavor as it will gain immense popularity among the tablet users.