According to a source from Engadget (Erick Tseng), For those who were thinking Flan nope.
“Proving once again that those who don’t watch The Engadget Show are always going to be one step behind those who do, our latest star guest Erick Tseng has dropped a dollop of exclusive wisdom on us: Android’s next big iteration will be known as Froyo. That’s short for “frozen yogurtâ€
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Source: Engadget