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Apple, News Corp. teaming up for Feb. 2 announcement

Apple and News Corp. have sent out invitations (http://twitpic.com/3tx7qk) to a Feb. 2 event at the Guggenheim Museum in New York on Feb. 2. News Corp. Chairman & CEO Rupert Murdock and Eddy Cue, Apple’s vice president of Internet Services, will oversee the event.

The event will see the launch of “The Daily,” an iPad-only digital newspaper that will purportedly cost US$1 per week. Apple’s Cue will probably be on hand to announce a new iTunes subscription purchasing model that will allow publishers to bill customers on a recurring basis rather than requiring per-issue in-app purchases.

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