I thought I would start a thread to discuss the MS news coming out of Gamescom this week.
Like Sony, MS will have an event before Gamescom starts. I don't think their event will be live streamed anywhere. It was mentioned that this event will include a lot of hands on time for the press with developers for many games being on hand to answer questions. It will have a shortened conference format that is followed by the hands on press event. I haven't seen any mention of the length of the event, so we will see.
MS will also be delivering the keynote address for Gamescom itself. Phil Spencer is suppose to talk about the X1 among other things. There is a rumor that MS will announce a new exclusive title and the possibility of a bundled game with the console. MS has also mentioned that they will be laying out their self publishing and indie developer programs, so there should be a lot of new info. Maybe that will also include info on how their app store will work.
Major Nelson's blog is a good source for the latest info if your wanting to get the announcements as they come. If either of the MS events are live streamed, I'll add links to them.