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Microsoft published the details on the upcoming Xbox One



Two weeks ago we introduced Xbox One, the all-in-one games and entertainment device. Designed for today and the decade ahead, Xbox One puts you at the center of all of your games, TV, movies, music, sports and more. We also shared how Xbox One is built to amplify a new generation of Xbox Live that’s more powerful, personal and intelligent.

And today, we would like to share more information about our vision for Xbox One as a modern, connected device; our games licensing policies; and our privacy principles for the new Kinect sensor.
  Xbox One: Details on Connectivity, Licensing and Privacy Features