Google Phones Home

We know this much about the new Google (GOOG Quote) phone: It is out of this world.

Google says its long-awaited entry into the mobile phone arena -- a software system called Android -- will be announced noon Monday at a joint conference with a roster of hard chargers from the wireless industry.

Android, which is named for a company Google acquired two years ago, will work with the 30-member Open Handset Alliance to develop open-standard software to be available on phones starting in the middle of next year. ...