news

Robert Cookson

The Economist, the 171-year-old weekly magazine, is launching its first daily edition.

The new product, called The Economist Espresso, will be available from Friday via smartphone apps and email. It takes the form of a daily briefing that is designed to be read in a few minutes each morning, and is part of a drive to expand The Economist’s digital audience following the first circulation decline in more than a decade. Read more

First it was Vice, then came Buzzfeed. Now, Ozy has become the latest news start-up aimed at young, digital natives to ramp up its offering on the back of a new injection of cash.

The California company backed by German publisher Axel Springer and Laurene Powell Jobs, widow of Apple co-founder Steve Jobs, is stepping up advertising and has hired Jonathan Dahl to become news editor from the Wall Street Journal. Read more

Tim Bradshaw

The iPad era has already held more than a few twists for news publishers: hailed as the saviour of newspapers, media owners then fell out with Apple over changes to its terms of service, only to fall back in love in time for this month’s release of its Newsstand application.

But where has all this wrangling left consumers? A timely survey by the Pew Research Center, in collaboration with the Economist Group, finds that for more than half of US tablet owners, skimming headlines or settling down for longer reads is central to their daily routine. Willingness to pay for news remains stubbornly similar to the regular web, while apps – the main mechanism for charging – are still less popular than the browser. Read more