The news and entertainment giant is trying to decide if the publication, the company's first daily publication created specifically for the tablet, could turn around losses that were estimated at roughly $30 million a year, according to unnamed sources.
This comes weeks after News Corp. founder, chairman and CEO Rupert Murdoch confirmed that the media conglomerate would separate its publishing assets, including The Daily, from its fast-growing entertainment assets.
The organization unveiled The Daily last year in an Apple-like manner. Details of the tablet publication, designed with the consultation of Steve Jobs, were kept secret until an event at New York's Guggenheim Museum of Art. The application features 100 pages of news and information a day with HD-quality video and 360-degree interactive photos, and costs $39.99 a year to subscribe.
In February, The Daily said it had 100,000 subscribers and 250,000 unique readers each month, according to the Times.
A new report claims Amazon and Google are bringing voice calls to the Echo and Home. We had fun pretending to make a phone call with the connected speakers.
by Lexy Savvides
Samsung's top boss arrested
In this week's wrap-up, a South Korean court orders the arrest of Samsung's acting leader. Meanwhile in the US, Verizon jumps back on the unlimited data wagon causing every other wireless carrier to take note.