The Daily generated 800,000 downloads, $10 million loss in first quarter of operation

It's still too early to pass judgment on News Corp's daring venture into tablet-only newspapers, The Daily, but at least we now have an idea of how much it costs to get a project like this off the ground. Having spent $30 million developing the concept before launch, the company's latest quarterly reports indicate another $10 million loss was incurred on the early operations of The Daily. That's resulted in 800,000 total downloads of the iPad-only app, though a breakdown of how many of those we

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