New Xbox to be Announced May 21 and Other News You Need to Know

Welcome to this morning's edition of "First To Know," a series in which we keep you in the know on what's happening in the digital world.

Today, we're looking at three particularly interesting stories. Is Amazon planning a set-top box? Bloomberg cites people familiar with Amazon’s plans, which reportedly involve a box for streaming video to subscribers. Microsoft issued invitations to the press Wednesday for a May 21 event, where it’s widely expected to unveil its next-generation Xbox. And real estate company Zillow will take questions during its quarterly earnings report via social media

Check out the video above for more on these stories. Read more...