This innovative device is called Litl, the first “webbook” designed by Boston-based Litl. We can say Litl is the combination of e-reader and digital photo frame. So if you need a e-reader with a larger LCD screen unlike Kindle or Txtr, or a multifunctional digital photo frame, Litl is a really nice choice. It powered by a 1.6 GHz Intel Atom processor, and comes with a 12.1-inch LCD screen, 1GB RAM, 2GB flash memory, HDMI port, Wi-Fi, USB2.0 port, a webcam, mic, as well speakers. With the web OS Litl can display the content coming from Internet, etc Facebook, Flickr, or Shutterfly. I think it will be better if equipping a HDD.
You can get full details or buy it for $700 USD on Litl official website