Achievements are one of the defining elements of the Xbox experience. Naturally, Microsoft will include them in the Xbox One. But they're not going to work like you remembered them, not exactly. There's more to them, now.

Go ahead and take a look: the new pieces of hardware that form the hub of Microsoft’s upcoming gaming experiences aren't exactly cute and cuddly. They’re kinda foreboding, the way they float and squint at you, all one-eyed and unknowable.

Well, this isn't surprising: following a somewhat underwhelming presentation from Microsoft after unveiling the Xbox One (where are the games?), Sony's stock jumped up.

Your Kinect will need to be connected in order for the Xbox One to function, Microsoft announced at an event today in London.

Turn 10's Forza Motorsport 5, launching later this year with the Xbox One, looked pretty amazing in motion, but these first screens are just so beautiful it's stupid.

Microsoft's next generation console—named Xbox One, as we learned today—has finally been revealed. Major Nelson's panel to further discuss the new gaming machine follows the conference today, and you can watch it live right here.

Kotaku bossman Stephen Totilo is on the ground at the Xbox reveal event and sent along two videos that let you see the Xbox One controller and the console itself. It's almost like you're there!

The Verge reports that Xbox One will not be backward compatible with Xbox 360 titles. That is according to Mark Whitten, Microsoft's vice president for Xbox Live.