Motorola has confirmed this news to Android Community:
“Following that was popular tech blogger Leo Laporte confirming a private event for “50 or so press members” on July 11th, which helped stir the pot. After reaching out to Google and Motorola, Android Community has learned that the July 11th rumor just that, a rumor. Guy Kawasaki, former Apple evangelist turned Motorola employee, is having his own private gathering with friends and no products will be revealed or launched. So don’t worry guys.”
Well, I was expecting something really amazing from this event. But looks like I’ll have to wait for sometime now.