Hello and welcome to the Guardian's live blog of the Xbox reveal in Redmond, Washington. The as-yet unnamed console will be the first major revamp of the popular Xbox since Xbox 360 debuted in 2005. Microsoft's announcement comes two months after its rival Sony released some details on its forthcoming Playstation 4 console. The two systems are expected to have similar technical specifications and a key focus of today's announcement will be how Microsoft plans to differentiate itself from its competitor. One way Microsoft might be able to do this is with updates to the motion-sensing Kinect device. Kinect 2.0 is rumored to have advanced capabilities that can track four separate players and allow people to log in with facial recognition. It's possible Microsoft will save some announcements for its E3 conference in June and the company will likely keep quiet on a release date or price for the new console.