News.me's Social News Aggregator For The iPad Now Live On The App Store

As we reported in February, betaworks and the New York Times are collaborating to launch a socialnews reader for the iPad called News.me. And we heard more details on the app as it readied for launch this week. Today, Betaworks founder and CEO John Borthwick announced that the iPad app is finally live on the App Store for your viewing and browsing pleasure (link).

News.me, which has been in development since last August, is a social news reading iPad 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.

The app charges a subscription fee to cover the costs of licensing content from publishers (News.me will pay publishers based on how much their content is read).You can purchase a one-week subscription to News.me through the in-app store for $0.99 or a one-year subscription for $34.99.

News.me faces competition from Flipboard, Pulse, Taptu and others.