Complex sentence: Examples of entities that are both tangible and intangible are a printed book and a thumb drive that are physical, but also contain intangible knowledge and information that is independent of and transcends the physical media upon which the information is placed.
Split into simpler sentences: Examples of entities that are both tangible and intangible at the same time are a printed book and a thumb drive. They are physical, but also contain intangible knowledge and information that is independent of and transcends the physical media upon which the information is placed.