After a ton of leaks from unofficial and official sources, Google has finally officially announced the LG Nexus 5 and Android 4.4. The specs of the new handset are as rumored and prices are starting $349 unlocked for the 16GB model ($399 for 32GB). One of the most interesting features is the OIS 8MP camera and updated camera app, which should improve the lackluster camera features of the Nexus line so far.
The new Android 4.4 KitKat will be available during the next weeks for Nexus 4, 7, 10 as well as the Nexus versions of Samsung Galaxy S4 and HTC One.
Source (Via Ars Technica)
Source (Via Google Blog)
Personal note: Still waiting for the Google Devices section of Google Play to grow to other countries. Currently the Nexus 4 is at 449€ in Finland for the basic 8GB version, while the Nexus 5 can be ordered for 349€ for the 16GB on Google Play Devices.