PS4 E3 Announcement LIVE Stream: Watch Sony Present the New Playstation

Hours after Microsoft held its big E3 event to showcase the its new Xbox One console, rival Sony is set to present details on its own new console, the Playstation 4. 

You can watch the event live. According to Sony: "The live E3 broadcast (available in nine languages!) begins this Monday, June 10th at 8:30 p.m. Eastern/ 5:30 p.m. Pacific with the PlayStation E3 2013 Press Conference, the most exciting (and most Tweeted-about) event on the PlayStation calendar.

Sony will stream the PS4 E3 press conference live online on playstation.com. The event will also be live streamed on E3 Insider website though only devices that run Flash will be able to access.

Rumors suggests that PlayStation 4 is due this November and will be available at two price points, $429 and $529 respectively — according to Kotaku. The cited source also suggests that "you'll also be able to control the PS4 remotely from your tablet or smartphone," as well as being able to use a mobile device to "chat with your PS4 friends or buy games which are then automatically downloaded to your machine." Another rumor is that every PS4 will come with a "PlayStation Eye" — a new "spectating" feature that lets users watch other friends play games from their console's dashboard (even if one doesn't own the game they're playing). In addition, the next PlayStation will be "heavily integrated" with social networks, with rumors about  a service called PlayStation Cloud.

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