Xbox One Lite (Unconfirmed)

It is said Microsoft will develop a new, budget version of their next gen product.

The Xbox One is planned for a second, redesigned update of the console.

OneDrive Available Soon

Microsoft will change SkyDrive's name, due to several severe lawsuits encountered. The interface's name will now be OneDrive.

Playstation Now, Games on Cloud

First announced on the CES 2014, Sony's PlayStation Now Service consists of an extensive library of video games that will be used in consoles and smart devices connected to the internet.