It is basically a dongle that you attach to your tv to stream
movies,music and stuff on your pc and can be operated from your smart phone or pc etc. Just google for more info.
Obviously Telstra will be wanting to embed its streaming apps to the device and possible more. Definately is an interesting move by Telstra
http://www.google.com/intl/en/chrome/devices/chromecast/
It is basically a dongle that you attach to your tv to stream...
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