Google launched a real time search engine, specifically dedicated to the searches made in the real time. Get the fun started here www.google.com/realtime
You can use geographic refinements to find updates and news that's happening right near you or in the area of your choice. You can also follow a conversation by browsing a full timeline of tweets.
Adding to the Google Real Time features, you can now create an alert specifically for "updates" to get an email the moment a topic of interest shows up on Twitter or other short-form services, in Google Alerts.
Currently the Google Real Time Search and updates are available globally in 40 languages, and the geographic refinements and conversations views are available in English, Japanese, Russian and Spanish.