Microsoft wasted little time getting down to business at its E3 briefing, opening with the remodeled Xbox One that leaked over the weekend. The Xbox One S is more or less what we expected but there were some surprises in store.

The sleeker machine is 40 percent smaller than the original Xbox One, white in color (Microsoft calls it Robot White) and includes an integrated power supply (no more massive power brick). It can be configured with up to a 2TB hard drive, can be situated vertically thanks to an optional vertical stand and now offers 4K Ultra HD video support and HDR capabilities.

As The Verge notes, Microsoft has also relocated one of the system's USB ports to the front for easier access. Another change is the fact that there's no longer a dedicated Kinect sensor port (you'll now need an adapter to use it).

The changes extend to the controller as well. Microsoft has added new textured grips on the back of the controller and more importantly, Bluetooth. This will add wireless range to the controller and allow it to easily be used with a Windows PC.

The Xbox One S goes on sale in early August priced at $299 with a 500TB drive or $349 for a 1TB system. A limited-run launch edition will be sold with a spacious 2TB hard drive priced at $399.