TechCrunch reports on the eve of News Corp’s. The Daily launch that arch rival NYTimes is also releasing an iPad only daily news app called…wait for it…

..and it sounds pretty interesting: is a social news reading app that presents the news that the people you follow on Twitter are reading, and filters it based on how many times those stories are shared and clicked on overall. It pulls in data from not only Twitter but also, the betaworks company that shortens billions of shared links every month. In contrast, The Daily will produce its own articles and videos with a staff of 100 journalists. It is not clear how many social features will be included in The Daily, but the emphasis seems to be more on the original content. We’ll find out more tomorrow (I’ll be covering the launch).

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