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The Washington Post: Microsoft has sent out invitations to a major announcement set for Monday, resulting in a flurry of rumors. Entertainment site TheWrap.com cites an unnamed source "with knowledge of the company" who says that Microsoft will unveil its own tablet to compete with Apple's iPad. The rumored device would have an ARM processor and run Windows RT.
One competing rumor suggests that the new tablet would be an e-reader more like the Kindle Fire than like the iPad.