Via Garrett French, a Silicon Valley Watcher article that says Google and Yahoo are in talks with Wyse Technology to build out low-priced PC. Reportedly, Google and Yahoo are "interested in using low-priced PC-compatible computers to capture millions of users in developing countries."
There has been a lot of past speculation that Google working on its own operating system named Goobuntu, which Google denied. Also, back in March, Google Hired Microsoft's Top Windows Architect but then again denied rumors of building and selling computers. Makes you wonder what type of comment Google will release based on this news.