PS4 Update 5.00 Adds Better Streaming and Social Features

The PlayStation 4's latest system software update, version 5.00, has been officially released, bringing with it improvements to family settings, streaming, messages, and more.
The biggest of the new additions is Team Tournaments, a new functionality that will let you and you friends compete with other players around the world for prizes. Beginning October 5th, you will be able to find Team Tournaments in the events section on your PS4, where you can create or join up to 60 different teams. Each