G-Phone Rumors Resurface

It's imminent! Implausible! And now imminent again! We're talking, of course, about the rumored G-Phone, which would mark the search giant's entry into the wireless market. It has been talked about for months, with leaks getting squashed as quickly as they pop up, but today the Wall Street Journal is reporting that Google will make an announcement on the subject within the next two weeks. The company is expected to announce a suite of new software and services for mobile phones—it doesn't sound like Google is actually going to start making hardware. While Google remains hush, Wall Street has been happy with the news: the company's stock has been edging close to $700 a share.—Gregory Mone