The Daily was the world's first iPad-only (with Galaxy Tab 10.1 and Facebook support added later) news app in the United States and Australia, owned by News Corporation.

[1] The Daily was launched on February 2, 2011, at the Solomon R. Guggenheim Museum in New York City.

Despite reporting over 100,000 paying subscriptions, the journal was losing an estimated $30 million annually.

News Corp CEO Rupert Murdoch said The Daily "could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term".

[7] The Daily is the first publication that made public the identity of Karen Kraushaar, a former employee of National Restaurant Association who filed accusation of sexual harassment against then CEO of the association and 2012 Republican presidential primaries candidate Herman Cain.