FORTUNE -- News Corp. (NWS) announced Monday that The Daily -- the iPad-only publication launched with great fanfare by Rupert Murdoch with the encouragement of Apple's (AAPL) Steve Jobs (and a little speech by Senior VP Eddy Cue) -- will "cease standalone publication" on Dec. 15, one month short of its second birthday.
An unspecified number of the 120 staff that remain (one third of the staff was laid off last summer) will be "folded into" The New York Post. Editor-in-chief Jesse Angelo, will become the newspaper's publisher.
We hate to say we told you so, or to dance on anyone's grave, but here's what we wrote after spending 45-minutes reading the premier issue on the subway home from the launch event:
The lead stories -- the Cairo protests and winter snowstorm -- read like pieces dashed off by one-man bureaus and can't compete with, say, the New York Times, memeorandum or the Weather Channel. There are plenty of cheesecake celebrity photos, but they're not going to turn the heads of kids raised on Internet porn. The only bite I could find in the copy was at the end of Richard (Page Six) Johnson's gossip section, which treats readers to blind items like this one:
"Which hard-partying, hot mess of a premium cable actress recently learned she is pregnant? No one knows who the dad is -- not even the knocked up actress..."
Spare me, please.
Scheduled for release in October, it's reportedly due out today (Thursday)
FORTUNE -- One of the tentpole presentations of Apple's (AAPL) Sept. 12 iPhone 5 event was a demo of the eleventh major revision of iTunes, the company's much-used and not-much-loved application for serving up music, movies, TV shows, podcasts, books, apps, ring tones, radio and who knows what else.
(Anil Dash's quip that "Apple should put someone in charge of iTunes so they MOREPhilip Elmer-DeWitt - Nov 29, 2012 7:01 AM ET
Why is Apple fighting so hard to keep two-year-old court records sealed?
FORTUNE -- The first thing you learned when you sat down with Steve Jobs was that the interview was off the record. And it stayed off the record. No matter how innocuous the quote, no matter how much time had passed, Apple (AAPL) public relations wouldn't let you use it.
So it doesn't surprise me to learn from a story MOREPhilip Elmer-DeWitt - May 1, 2012 6:39 AM ET
Decoding the Department of Justice's antitrust whodunnit
FORTUNE -- At a hearing in a Manhattan federal court Wednesday, attorneys for Apple (AAPL) and two major book publishers said that rather than settling -- as three of their co-defendants had -- they wanted to go to trial to defend themselves against U.S. government charges that they had colluded illegally to raise e-book prices. (See The Apple e-book conspiracy: Three days in January.)
Which means MOREPhilip Elmer-DeWitt - Apr 19, 2012 3:16 PM ET
"We love music, and it's always good to do something you love."
Accepting the honorary award -- Steve Jobs' second Grammy -- on behalf of his wife, children and "everyone at Apple" (AAPL), senior vice president for Internet software and services, Eddy Cue.
Via Macrumors.Philip Elmer-DeWitt - Feb 12, 2012 2:23 PM ET
The hardware is the easy part. The trick is to get Hollywood on board
"Apple enters markets to reinvent them," wrote Piper Jaffray's Gene Munster in a note to clients Tuesday reiterating his oft-repeated conviction that Apple's (AAPL) next big thing is an Apple-branded television set.
To be sure, Munster has scaled back his expectations since he predicted that the company would sell 6.6 million Apple TV set-top boxes in 2009 and MOREPhilip Elmer-DeWitt - Feb 1, 2012 7:02 AM ET
New tools and platforms for replacing today's paper textbooks with iPads
Apple (AAPL) on Thursday introduced three new inititatives by which it hopes to "reinvent the textbook" around the iPad:
iBooks 2, a new iPad app and reading tool offering searchable, interactive, updatable textbooks filled with as many videos, photo galleries, glossaries and study guides as publishers choose to throw in
iTunes author, a Mac app with an array of tools for creating MORE
It was a wheel that revolved around Steve Jobs. How will it change under Tim Cook?
One of my favorite elements in Adam Lashinsky's How Apple Works -- the "inside" story that created a sensation when it appeared in the May 23 issue of Fortune but was made fully available online only last week -- was the organization chart assembled by Fortune's graphics team under the guidance of senior research editor Doris MOREPhilip Elmer-DeWitt - Aug 29, 2011 7:51 AM ET
Adam Lashinsky's "Inside" story in the new issue of Fortune is packed with juicy revelations
After the simultaneous, and more-or-less disastrous, launch of the iPhone 3G and MobileMe in the summer of 2008 -- the launch one Gizmodo reader dubbed "iPocalypse" -- Steve Jobs summoned the MobileMe team to the Town Hall auditorium on Apple's (AAPL) Cupertino campus for an obscenity-laden dressing down. "You've tarnished Apple's reputation," he told them. "You MOREPhilip Elmer-DeWitt - May 7, 2011 9:30 AM ET
Leaves meeting with three top execs with "increasing confidence" in a $540 price target
Katheryn ("Katy") Huberty, Morgan Stanley's chief Apple analyst, met recently with three of Steve Jobs' top lieutenants: Peter Oppenheimer, the money man; Ron Johnson, the former Target exec who built the Apple Stores; and Eddy Cue, the senior vice president in charge of Internet services.
Apparently no company secrets were revealed. The Apple execs would not confirm that MOREPhilip Elmer-DeWitt - May 5, 2011 5:48 AM ET
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