By FRANK BAJAK
AP TECHNOLOGY EDITOR

SEATTLE — Microsoft Corp.’s next-generation Xbox gaming console will be more of a digital entertainment hub than its predecessor, making it even more of a PC hybrid than ever, Bill Gates told a meeting of business journalists on Monday.

The console, code-named Xenon, is due to be previewed in an MTV half-hour special later this month.
http://seattlepi.nwsource.com/local/aplocal_story.asp?category=6420&slug=Gates%20SABEW

Microsoft has announced the first details on the new Xbox. GDC is underway this week in San Francisco, so there’s surely more to come. Here’s some more coverage of the announcement: GameSpot Article (with link to video of keynote)Reuters Article