The site's sources also suggest the platform will require an online connection to use various entertainment services, as well as to tap into TV signals. suggest the next Xbox will not only require an Internet connection for entertainment services, but also to load games.

The sources said this functionality is a "key part" of the Xbox 720 and that the service will feature a greater variety of offerings than Google TV thanks to Microsoft's alliances with a number of content providers.

The sources also revealed new information about the that will ship alongside the Xbox 720. This new camera is believed to be capable of detecting multiple users simultaneously and can even track eye movement to pause content when a user turns their head away from a TV.

Reached for comment, a Microsoft representative told GameSpot, "We do not comment on rumors or speculation. We are always thinking about what is next for our platform, but we don't have anything further to share at this time."

Earlier this week, Microsoft . As part of this deal, Microsoft said that moving forward it would dedicate 100 percent of its TV resources to Xbox.

Microsoft is believed to announced its next-generation platform .