The live stream from the Google Event is now live. A bit stuttery for me, but live. I'll update as product / information is released. Sounds like they have new product(s) to announce. The rumors are something social-network oriented (facebook killer?).
Unfortunately my network connection here sucks so the stream is really choppy for me, but I just heard them talk about Gmail "Buzz", a new way to communicate inside GMail.
Another product demo up now, something to do with location. Hit the read more for the (updating) details.
Location aware updates for google maps and the google mobile experience. Related to Buzz as well.
On a side note, isn't there already a "buzz" webapp from Yahoo or something like that? I'm sure I've seen a "buzz up" button along with the standard digg/reddit ones.
They are launching it today, but it sounds like it's not done or completely baked.
Seems they are on to the Q&A now, and my net connection is complete crap so I'll stop updating now, I'm sure there'll be all sorts of Buzz (sorry) about this on the blogs soon enough :)