There is a live streaming in place at Hackmeeting. It is run by radio#cybernet and they are broadcasting live 24 hours a day (at least so they say). The web site says they have been the first italian radio streaming in Ogg Vorbis format, but the current stream is MP3.
The live stream playlist link is http://www.kyuzz.org/radiocybernet/stream.pls. When I checked it was just a bunch of noise but maybe I just bumped into a temporary problem.
99% of the content will be in italian. The only exception is probably my talk, scheduled to take place at 22:00h today. Looks as if everything is behind schedule here a bit. So if you like, tune in. Maybe it even works :-)