Word on the street has it that iRiver is currently developing a new portable media player that will be powered by Google’s Android operating system, and this device is touted to tackle the high and mighty iPod touch. Apparently, this unconfirmed unit is known as the K2 where it will feature Wi-Fi connectivity, a 3.5″ touchscreen display, Bluetooth support, an integrated accelerometer and a built-in digital TV tuner. There is no confirmation from iRiver’s side just yet, but hopefully it will see the light of day in the near future. As iron sharpens iron, surely a new and improved portable media player might help make the next iPod touch out of this world for consumers as Apple attempts to create a whole new envelope instead of pushing the old one beyond its seams.