The Xbox One is the third generation of Xbox console from Microsoft, officially announced on 21 May 2013 and scheduled for release later in 2013. The Xbox One is the successor of the Xbox 360, and has been designed to be more than just a game console, but an "entire living room experience".
The Xbox One comes with a heavily improved Kinect system, which uses gesture and voice control to access many aspects of the console, including turning it on. The Xbox One also allows you to connect a set-top box using a HDMI pass-through, to eliminate the need to change source on your TV.
Grand Theft Auto V, released on the PS3 and Xbox 360 in September 2013, as well as its online counterpart, Grand Theft Auto Online, will be released on the Xbox One, PS4, and PC in the fall of 2014. This could potentially mitigate issues for Rockstar Games, including preventing loss of sales of DLC due to people having sold their old systems.