On the heels of the announcement that PlayStation 4 has sold over 7 million units, Sony has unveiled its upcoming firmware update for the console. Firmware 1.70 brings with it additions that should please PS4 owners. It has “features that were incorporated as a result of your great feedback,” Sony’s Scott McCarthy wrote. The first addition is something called SHAREfactory, a “new rich video editor app for PS4 that makes it easy for you to customize your gameplay videos.” You can see a video showing off SHAREfactory below. Continue reading…