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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

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U.S. says deals with Iran for safe Hormuz transit are prohibited

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After a judge ordered Trump's name be removed from the Kennedy Center, president says it will 'soon be closed, probably never to open again'
Microsoft

Microsoft unveils new Surface Pro 3 tablet

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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May 20, 2014, 2:22 PM ET
Stan Honda/AFP/Getty

FORTUNE — Microsoft (MSFT) unveiled its new Surface Pro 3 tablet at a press event in New York Tuesday, calling it “the tablet that can replace your laptop.”

The new tablet has a 12-inch screen with a 3×2 aspect ratio and a 1260×1440 display. It weighs 800 grams and is 9.11 millimeters thick, making it the thinnest-ever product with an Intel core chip. The device will be on sale tomorrow for $799.

The theme at the event was that the product will enable users to do all the tasks traditionally associated with tablets — browsing the web, watching movies and using apps — as well as tasks that tablet users still prefer to do on a laptop, such as word processing and other business tasks.

MORE: GoPro going public with $100 million IPO filing

“We want products and technologies that enable people to dream and get stuff done,” said Microsoft CEO Satya Nadella.

The tablet also features a multi-position kickstand, USB 3.0 ports, and speakers that are 45% louder.

Panos Panay, Microsoft’s corporate VP who made the presentation, said he is “confident this is the tablet that will replace the laptop.”

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