Feb 2, 2011 12:56 GMT  ·  By

As previously reported by Softpedia, The Daily electronic newspaper for iPad is scheduled to make its debut today, at a special launch event in New York, hosted by News Corp.’s Rupert Murdoch and Apple’s Eddy Cue.

The Telegraph reports that, despite previous plans to have Apple’s CEO join Murdoch on stage for the launch, the official introductions will be made by Eddy Cue, Apple’s vice president of Internet Services, Eddy Cue.

Apple CEO Steve Jobs is on medical leave for an undetermined period of time.

It is already known that the electronic newspaper was specifically designed for the Apple tablet as an application that will have customers pay a fee for each issue to be downloaded and delivered to their tablet device each morning.

The price has been set at 99 cents a week.

The relatively insignificant pricing is justified by the advantages posed by e-print: no paper, ink, printing, or shipping costs.

The Daily will also be available as a free website (thedaily.com), according to The Telegraph, but it will only feature a small number of articles from the newspaper, the report says.

As for the full iPad app, it will contain articles, videos, interactive graphics and photographs, all optimized for the tablet’s large touchscreen.

The project, in which both Apple and News Corp. are equally involved, is ambitious. In an interview with The Kalb Report, Murdoch called the iPad a "glimpse of the future," The Telegraph recalls.

"There's going to be tens of millions of these things sold all over the world," he said in April. "It may be the saving of newspapers because you don't have the costs of paper, ink, printing, trucks.”

"It doesn't destroy the traditional newspaper, it just comes in a different form,” Murdoch, who is believed to have hired an editorial team of 100 to launch The Daily, said.