Sony has confirmed that the Playstation 4 will be joining the Xbox One in sharing a day one update, firmware 1.50, that will enable a host of features.

This firmware update will add features like remote play, share button functionality, and so on. A reminded, some features that Sony has been touting (like Gaikai streaming of older titles, suspend/resume mode), will not be available right away.

Here’s the entire list of features included in the firmware update:

Remote Play

Users will be able to access PS4 titles displayed on their living room TVs and play them on a PS Vita system over Wi-Fi networksby using PS4 Link. SCE anticipates that most PS4 titles will be playable on the PS Vita system through Remote Play.

Second Screen

Users can use the PS4 Link application for the PS Vita system, and PlayStation App for iPhone, iPad, and Android™ based smartphones and tablets*5,to use these devices as second screens in supported titles. PlayStation App has the ability to enable users to interact with games with their mobiles devices. For example on The Playroom, a title pre-installed in all PS4 systems that requires PlayStation Camera, users can draw pictures on their mobile device screens and flick them towards the TV. The images then appear as a 3D object within the game.

Record, take screen shots, and upload gameplay effortlessly

The PS4 system provides dedicated, “always on” video encoding systems that enables seamless uploading of gameplay. Users can share their epic triumphs by simply hitting the “Share button” on PS4 Wireless Controller (DualShock 4), take screenshots or scan through the last 15 minutes of gameplay, tag it and return to the game—the video uploads as the user plays. At the PS4 system’s launch in North America, users will be able to share their images and videos with friends on Facebook and screenshots with followers on Twitter.

Broadcast and spectate gameplay

The PS4 system also enhances social spectating by enabling users to broadcast their gameplay in real-time to game fans around the globe, using Ustream and Twitch live internet streaming services. SCE provides two ways for users to view live broadcasts. First, the Live from PlayStation application on PS4 aggregates streams from all PlayStation users. Second, users can spectate friends’ PS4 gameplay from PCs, and applications such as Ustream, Twitch, and browsers, which are installed on their mobile devices. These applications can be easily started up via PlayStation App, and users can also use these applications to post comments to gameplay broadcasts. Furthermore, users with PlayStation Camera can stream camera images and microphone sounds along with their live gameplay broadcast.

Play as you download

This feature enables users to play supported digital titles as they are being downloaded. When a game is purchased, users can start playing after PS4 downloads a portion of the data, while the rest of the game is downloaded in the background during actual gameplay. Games may be downloaded in stand-by mode.

Multi log-in

A maximum of 4 users can log-in to a single PS4 system simultaneously. These players can use their own save data to play games, and also earn trophies on their own Sony Entertainment Network accounts even when playing a multi-player game together on a single PS4 system.

Party (Voice chat)

By using the Mono Headset bundled with the PS4 system, users will be able to chat with up to eight friends enjoying different applications or games. Furthermore, users can use Party to chat between PS4 and PS Vita systems.

Face recognition and voice commands

Users with PlayStation Camera will be able to register their facial image onto their PS4 system, and login to their system using facial recognition instead of DualShock 4. Furthermore, users can use either the microphone of the Mono Head set connected to DualShock 4, or PlayStation Camera to navigate through the PS4 home screen (PlayStation Dynamic Menu) with voice commands to start up games and shutdown the system, among other features.

Background music player

Users can enjoy gameplay while listening to music in the background with Music Unlimited, a cloud-based digital music service. Users can also voice chat with friends while listening to music.

Online Multiplayer

PlayStation Plus (PS Plus) members will be able to play PS4 titles online with other players via the network. PS Plus makes it easy for members to join available online multiplayer matches in a variety of ways, including the ability to easily join a game from a live stream broadcast or Party voice chats.

Blu-ray Disc and DVD player

Users can enjoy not only gaming on their PS4 system, but also Blu-ray and DVD video contents.

Some features will not be available at launch, such as “suspend/resume mode” which is a feature that keeps the PS4 system in a low power state and promptly takes users back to their game. We will provide additional information about system software update version 1.50 and features available at the PS4 system’s North America launch, and features that will be available after launch, in the near future.

Also, Sony is FINALLY releasing an official Playstation app on both Android and iOS that will enable a ton of features that will be accessible right from your Droid or iOS devices.

The full list of features that come with the official Playstation app are as follows:

Directly access various PlayStation Network features and information

• Users can access their own profile screen.
• Users can access/compare their own and friends’ Trophy accomplishments.
• Exchange messages between PS4 systems, PlayStation 3 systems, PS Vita systems, and mobile devices installed with PlayStation App.
• Access and filter friend profiles.
• Notify users about their friends’ shared activities on “What’s New.”
• Notify PS4 users when they receive any new notifications or game invitations. Users can also display their lists of game items.

Browse the official PlayStation website and access information

Users can access the PlayStation official website to browse through news, blogs and game information. The language and content of the website will depend on the country the user’s Sony Entertainment Network account is registered.

PS4 Second Screen Feature

Users can install PlayStation App on to their mobile devices to use as a second screen in supported games. For example on The Playroom, a title pre-installed in all PS4 systems that requires PlayStation Camera, users can draw pictures on their mobile device screens and flick them towards the TV. The images then appear as a 3D object within the game.

Spectate other PS4 users’ gameplay

When users’ friends upload or begin live streaming their gameplay on PS4 systems, the friends’ activities are displayed on “What’s New” of the PlayStation App screen. When users tap on this notification, they can boot pre-installed applications, such as browsers, to spectate the uploaded gameplay. Users can also post comments on gameplay screenshots, footage and live streams.

Purchase game content on PlayStation Store

Users can purchase game content (video contents cannot be purchased through PlayStation App) while away from home and download it directly onto their PS4, PS3, and PS Vita systems (a user must be a member of PlayStation Plus to download content directly to a PS Vita system).

Use a mobile device as a simple remote to control the PS4 system

Once installed, users can use their PlayStation App to control their PS4 system as long as both devices have access to the same Wi-Fi access point. For example, users can switch their PS4 system to standby mode, startup their PS4 system from standby mode, and use their mobile phone as a keyboard for their PS4 system.