Stop the presses - completely. The world's first iPad newspaper, The Daily, is prepping for launch.

Journalists have been hired and are in place at multiple U.S. bureaus, including Los Angeles and New York.

The formal announcement of the digital publication, owned by News Corp., was originally going to be made at an event in San Francisco Wednesday. However, on Friday News Corp. said it is pushing back the launch.

The company declined to comment on why.

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