The Guardian reports that Murdoch’s News Corporation is thought to be working with Apple to launch its new iPad newspaper, called ‘the Daily’, later this month.

According to the report, the newspaper will combine “a tabloid sensibility with a broadsheet intelligence” and that there is no print or web edition planned.

According to the US elite fashion industry journal Women’s Wear Daily, the Murdoch-Jobs “newspaper” will be run from the 26th floor of the News Corp offices in New York, where 100 journalist have been hired, including Pete Picton, an online editor from the Sun, as one of three managing editors. The editor of the Daily has not been announced, but observers are assuming it will be Jesse Angelo, the managing editor of the New York Post and rising star in the News Corp firmament.