Barnes & Noble is launching a lighter, slimmer, cheaper version of its e-reader for $139, showing the company is ready compete on pricing with rivals Amazon, whose cheapest Kindle is $114, and Borders. Known as the All-New Nook, the device features a 6-inch touch screen, can hold up to 1,000 digital books, and will be available June 10. The new model lets readers look up words, highlight passages, search, and adjust font size by typing on an on-screen keyboard. The device weighs 7.5 ounces and is 35% lighter than the first Nook; the iPad 2 is nearly three times heavier at 1.3 pounds. (More e-readers stories.)