That interview indicates that you need a PC to do live streaming. However, as we saw with the Ricoh R Dev Kit, the company has the technology to stitch live streaming video internal to the camera. For the RICOH THETA S, the features came out over time. If you recall, at time of launch, there was no UVC Blender. This was added later with firmware and software upgrades.
We'll probably need to evaluate both the feature set at launch and also what the camera is capable of with future firmware and software upgrades. The tantalizing information about the internal Android OS really opens up the possibility to do many things with the camera in the future.