With 'phone' project, Google has mobile ad dollars in its sights - International Herald Tribune

Good article on what has been largely speculated in the industry -- that Google is working on a phone OS. Interestingly enough - it seems that Google is not really trying to compete with the likes of the iPhone but really trying to increase its revenues in the online advertising space by extending ads to the mobile phone business. It is also increasing its rivalry with Microsoft by joining the list of phone OSes like Microsoft's Windows Mobile.

With 'phone' project, Google has mobile ad dollars in its sights - International Herald Tribune

All in all, competition is good for you and I :-)

-ZB