"The Next-Gen Xbox has reportedly been confirmed to be named the "Xbox One". International Business Times are quoted to have said "Sources related to development of the new Xbox have confirmed to IBTimes UK that the console, which is scheduled to be launched on 21 May, will be called Infinity".
I guess we'll find out for sure this evening. Hopefully they announce some of the new games coming to it as well. I'm guessing the release date will be in the winter right before Christmas.
GAMES WILL BE SHOWN AT E3.