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Xbox One: out later this year - all news here

Microsoft announced Xbox One today, confirming the system won't require an always-on Internet connection, despite many rumors to the contrary. Get a breakdown of everything that happened during the reveal below.

A bevy of screenshots of the console and its controller are posted over on WIRED.

Xbox One announced, Kinect and TV support

Don Mattrick came on stage to discuss the history of Xbox and Xbox 360. Kinect and more. Talking about what is next on Xbox 360 at E3.

The system can switch between TV, the home screen, turn on and off, just by saying "Xbox On," "Watch Tv" and other voice commands. It also has Skype built in with group video calls on TV. This can be used in what is called Snap Mode, which allows you to interactive with multiple programs at once on Xbox One without switching between them manually.

Three investments were made: Console and its architecture; Kinect, Smartgalss, and Xbox Live for the cloud. The system contains USb 3.0, WuiF i direct, Blue-ray, and 64 bit architecture with 8GB of RAM.

It will run "practically silent " as well.

Kinect is redesigned to respond to voice and gestures with 2GB data per second with, and the new sensor comes with each system and runs in full 1080p fir Skype voice calls.

It can track your head better, along with balance changes between feet and legs.

The Xbox One controller is updated with 40 design innovations. New dynamic impulse triggers and new D-pad and was designed "for games by gamers."

Smartglass has been downloads 10 million times, and the new console has it as a native part of the platform.

The new Xbox Live is more powerful and intelligent. Xbox One will have 300,000 servers for the XBL. Content is stored in the cloud. All of it. Movies, saves, etc .A dedicated game DVR will be inside to save to the cloud with native editing and sharing tools.

Achievements are dynamic and will change. You can search for a match in gaming while you browse, play another game, or watch TV.

The games, Halo TV show

Andrew Wilson from EA Sports took the stage to announced EA Sports Unite. The engine was hinted at during the last call to investors. Madden, FIFA, NBA, and UFC are all in development for Xbox One.

Phil Spencer took the stage to announce Turn 10"s Forza 5. It will be out at launch with Xbox One and more on the game will be revealed during E3 2013 next month.

Remedy announced a new title called Quantum Break, and MS Studios has been investing" in new and original IP - and has more in development than any other time in history. 15 exclusive games in first year, eight of which will be new IP.

Nancy Tellem, the firm's entertainment and digital media president came on stage to announced a Halo live action TV series for Xbox One and that it will be directed by Steven Spielberg.

An NFL partnership was also announced.

Activision publishing CEO Eric Hirshberg stepped on stage to introduce the new Call of Duty:Ghosts. The DLC released for it will be released on Xbox One first before anywhere else.

The game will include new AI, customization of characters, dog buddies to help you fight, between graphics on an all new engine.

Watch on YouTube

Xbox Live - new and improved

Xbox One, according to Microsoft, is built to "amplify an all-new generation of Xbox Live" making it "more powerful, more personal and more intelligent."

Games can be installed in segments so that gameplay can start quickly, and updates will be downloading in the background. Players can also save and store their profile, games and entertainment in the cloud to access them anytime, from any Xbox One console.

In addition, existing Xbox Live Gold Membership for Xbox 360 will seamlessly carry over to Xbox One, and users can bask in the following new features:

Smart Match. A new Smart Match matchmaking system virtually eliminates waiting in lobbies by estimating wait times and finding people you want to play with while you are enjoying other activities — reputation fundamentally matters and helps find best matches.

Game DVR. A dedicated Game DVR captures and accesses your magic moments, all saved to the cloud. Along with sharing tools, you will have the most amazing bragging rights with Xbox Live.

Living Games. Dynamic, living worlds evolve and improve the more you play, and advanced artificial intelligence can learn to play like you, so friends can play against your shadow.

Expanded achievements. A new and expanded achievements system captures video of your epic moments, continues to grow a game’s achievements over time and rewards you in new ways, and your Gamerscore carries over from Xbox 360.

Xbox SmartGlass. Xbox SmartGlass is natively part of the Xbox One platform, built in from the beginning with the ability to quickly render content directly onto your device, and now more devices can connect at one time for multiplayer and shared entertainment.

You can re-watch the live stream of the Xbox One reveal above, and get caught up on all the news out of through the following links:

Watch on YouTube

Watch on YouTube

Watch on YouTube

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