With New Device, Google Tries Again on Internet TV - NYTimes.com

Also see Google unveils Nexus 7, Internet TV gadget (Boston Globe/AP)

"On Wednesday, the company introduced Chromecast, a $35, two-inch stick that plugs into TVs and enables people to watch online video, listen to music and see images from laptops, tablets or phones on the TV screen — and to use their other devices as a remote control.
“We are closing the gap between TV and mobile devices,” said Sundar Pichai, Google’s senior vice president for Chrome and Android, in an interview after a news conference in San Francisco. Nearly half of all peak Internet traffic in North America comes from YouTube and Netflix, he said, and people want to be able to watch those videos on the big screen."

With New Device, Google Tries Again on Internet TV - NYTimes.com