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"Updated story: Sony has now officially confirmed the April 30 release date for PS4 update 1.70 across Europe. Heads-up: PS4 firmware update 1.70, inc. SHAREfactory and HDCP Off, goes live on 30th April. More soon! \u2014 PlayStation Europe (@PlayStationEU) April 25, 2014  Original story: PS4 update 1.70 will be available to download next week, Sony has announced. According to the PlayStation Greece Facebook page, PlayStation 4 users will be able to start downloading the update from April 30.  The release date was previously outed by Sony Japan. Version 1.70 will introduce SHAREfactory, a video editor that allows users to edit and customise their gameplay videos with filters, transitions, themes, text and custom audio tracks. It also allows video commentary with picture-in-picture support for PlayStation Camera. Other video improvements include the ability to download raw or edited gameplay videos - as well as screenshots - directly to a USB device.      The update will also turn off HDCP, allowing external capture devices to record footage from a PS4. Finally, version 1.70 will introduce pre-loading as well, allowing users to pre-order and download a game from PSN before release so that it can be played as soon as it&amp;#039;s available. Pre-loading was expected to launch with Sucker Punch&amp;#039;s open-world release Infamous: Second Son. Watch Digital Spy&amp;#039;s PS4 video review below:  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/gaming/playstation-4/news/a566471/ps4-sharefactory-update-releasing-on-april-30/>