According to Cnet, Microsoft’s mysterious media event scheduled for tomorrow. It is speculated that Microsoft will launch it’s own brand tablet with Barnes & Noble to challenge Apple’s iPad.

In fact, it is more or less confirmed the media event is focused on a new product is being developed in conjunction with Barnes & Noble and will focus on entertainment, according to a TechCrunch report.

If that is the case, the so called new tablet is aimed at the Amazon Kindle Fire as a entry level entertainment device for e-reading just like Kindle adopted a modified version of Android.

Not long after the media invitations to tomorrow’s event in Los Angeles surfaced, speculation swirled that Microsoft was getting ready to unveil a tablet running either Windows 8 or Windows RT. The Wrap went so far as to report that the new device would be a “Microsoft-manufactured tablet” that would “put the company in direct competition with giant rival Apple.”

The doors open Monday at 3:30 p.m. PT, with the event itself presumably beginning at 4 sharp.