The next major system software update for PS4, version 4.00 (codenamed Shingen), will be available tomorrow. This update brings a refreshed system UI, Folder organization, updates to the Quick Menu and Share Menu, Library improvements, and much more! This update also adds compatibility for the PS4 Pro, and adds HDR to all PS4s since launch.
The Last Guardian Delayed Until December 2016

Sony has announced that The Last Guardian has been delayed once again. But this only by a few weeks. Instead of releasing on 25th October 2016, the game will now launch on 7th December 2016, across Europe and 9th December 2016 across UK & Ireland. The reason for the delay is to allow the game’s creators to deliver the experience they envisioned for gamers.
PS4 Pro Specs and Photos Revealed, No 4K Blu-ray Drive Confirmed

Following yesterday’s announcement of the PS4 Pro, the official specification and photos of the upcoming console has been revealed. It’s now clear that the new PS4 won’t include a UHD Blu-ray drive, despite the console’s main selling point being its 4K compatibility. Even with that omission, the PS4 Pro still sports some serious hardware upgrades.
PS4 Slim and PS4 Pro Officially Announced

At the PlayStation Meeting today in New York City, Andrew House officially announced the PS4 Slim and new PS4 Pro models. The new Slim model will be available in most countries from September 15th, and will cost just $299 /£259. The PS4 Pro, the name for the 4K compatible console, is the official name of the PS4 “Neo”.
EVE: Valkyrie will be PlayStation VR Launch Title, Available as Physical Disc

Sony and CPP have announced that EVE: Valkyrie will be releasing on 13th October 2016 for the PlayStation VR, making it an official launch title for the new headset. The game will be available as a physical retail disc from stores thanks to a partnership with Sony Interactive Entertainment, and digital download from the PlayStation Store. Gamers who purchase the game will also get the Founder’s Pack, which will include extras for the game.
EU PlayStation Store Update for 23rd August 2016

The first PlayStation Store update for September 2016 is now live in Europe, adding 18 new PS4 games and DLC content. This week’s update also adds six new games to the PlayStation Plus Instant Game Collection, including Lords Of The Fallen and Journey, all of which are free to download for subscribers. Check out the full list of additions below.
Free Demo Disc will be Included with PlayStation VR, Demo Games Confirmed

Sony has confirmed that the PlayStation VR will come with a free demo disc to give gamers the opportunity to try out eight games. The demo disc will be included with every PlayStation VR, which launches on October 13th 2016. Sony has also confirmed which eight demos will be included on the disc, which includes Driveclub VR and EVE: Valkyrie.
How to Watch Today’s PlayStation Meeting Press Conference

Later today, Sony will be holding the PlayStation Meeting at the PlayStation Theatre in New York City. The event itself is restricted to the press, but PlayStation fans are able to live-stream the event and catch all the new announcements as they happen. The event will kick-off at 8pm BST / 9pm CET / 3pm PT this evening, and Sony is expected to announce at least two new PS4 hardware revisions.