Microsoft's Xbox live stream from Gamescom 2013 starts at 12:00 p.m. EDT. You can watch the live stream here.

Initially, Microsoft's Larry Hryb said that the live stream will only be viewable via the Xbox 360. We had wondered if Microsoft would change its mind, and we were right. 

What will Microsoft announce at its event? It's unclear. It could announce a release date for the Xbox One, which is slated to be released this November, although it will be delayed for several European countries. We also may get updates on upcoming games as well.

What do you think Microsoft will announce during its Gamescom 2013 live stream event? Sound off in the comments below.