http://www.techradar.com/news/playstation-4s-next-firmware-update-will-be-welcomed-by-twitch-streamers

Update: PlayStation's previously leaked 5.00 software update has arrived and, as expected, it's brought good news for Twitch streamers in the form of 1080p 60fps streaming. 

There's also some nice additions for fans of eSports, including Team Tournaments. This feature can be found in the events section of your main PS4 menu and allows you to put together teams (up to 60 of them) to compete for prizes and status.