Branson launches iPad magazine

Billionaire Richard Branson wants to present a magazine for the iPad tablet computer on Tuesday. Rupert Murdoch is also working on such a project.

According to estimates, the media entrepreneur will present his iPad daily newspaper The Daily a week later. Murdoch wants to invest an estimated 30 million dollars in the project, writes Handelsblatt.com on Friday. Around 150 journalists are to be employed. Branson's concept, on the other hand, is more geared towards entertainment, with the Briton's app being a mixture of the technology magazine Wired and a travel and business magazine.

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