Google's own phone: Rumors firm up about Android-powered Nexus One

Rumors have been spreading for months that Google (GOOG) would launch its own wireless handset. PC Magazine even went so far as to report that Google employees have been issued the phone.

Now there is a sort of confirmation from The Wall Street Journal that the handset, to be called the Nexus One, will go into production next year, though the newspaper can only say that this is "according to people familiar with the matter." The handset allegedly will be built by Chinese cell phone manufacturing giant HTC and will run Google's own wireless operating system, Android.