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The big news from Google I/O: Android Pay, virtual reality, and free photo storage

At its annual conference, Google reveals updates to Android, including a beefed-up payment system called Android Pay. It also brings virtual reality to iPhones (really) and the new Photos app offers free, unlimited storage.

The next version of Android knows what you want, before you know you want it.

Google's upcoming Android M operating system is sporting new predictive powers with " Now on Tap," a way to get assistance based on the context of what you're looking at on the screen. Google is also pushing back against Apple Pay with a new system for mobile payments: Android Pay.

At Google's big I/O keynote, it also revealed plans to expand virtual reality content and a Photos app that has a few new ways to search and share photos. Get the highlights from Google's big news in under three minutes:

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The big news from Google I/O: Android Pay, virtual reality, and free photo storage