![2016 Olympics Announcement: The Web's Abuzz [Live Video]](https://helios-i.mashable.com/imagery/archives/07ezPVR8Yjt55tTcfo7Tbuu/hero-image.fill.size_1248x702.v1647018092.png)
Update: Rio de Janeiro has won the IOC vote and will be hosting the 2016 Olympic Games. They beat out Chicago, Tokyo, and Madrid.
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The web is abuzz with news regarding the IOC's announcement for the location of 2016 Olympic Games.
Rio de Janeiro and Chicago, but we won't know the final decision until approximately 12:30 PM EDT. In true Web 2.0 fashion, you can watch the proceedings live via CBS News' UStream Channel. We have also embedded the stream below.
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Spain leads Brazil, the United States and Japan in search volume -- which might indicate that Madrid is a larger contender than we think -- or it could just mean that Spain has savvy Internet searchers!