Google I/O (Image credit: Joanna Stern / ABC News)

The time has come for the Google rumors of the day to fade into the sun. Will Google will release a $199, 7-inch tablet called the Nexus 7? Will it be running the next version of Android called Jelly Bean? Will it be edible? We're fairly certain two out of those three rumors are true. But the time has come to find out once and for all.

Google executives officially take the stage at the Google I/O conference in San Francisco today at 9:00 a.m. PT / 12:00 p.m. ET, and ABC News will be liveblogging the entire event right here. Check back here for updates then.

Note: The updates in the CoverItLive module below will come through automatically when the event begins; no need to refresh the page. Just keep it locked here.