Microsoft's today event is expected to offer a wider glimpse of the next version of Windows.

The company is expected to outline new features of its flagship operating system, which will have an improved Internet browser packed with features, including new ways to manage tabs, use a pen or stylus and integrate with Windows Phone’s Cortana personal assistant software. Executives will also demonstrate how the new Windows is designed to provide a more consistent experience and a common platform for software apps on different devices, from personal computers to tablets, smartphones and even the company's Xbox gaming console.

The Wednesday's event will be held at Microsoft's headquarters in Redmond, Washington. CEO Satya Nadella plans to talk about the new system and the company's battle to stay relevant in a world where PC users are increasingly shifting to mobile gadgets and Internet apps.

Microsoft's last Windows release (Windows 8) , failed to gain traction as it has a new interface that many found difficult to navigate. Microsoft is hoping to win them back with an interface that is more familiar. Microsoft has said Windows 10 will resemble Windows 7, while additional features will emerge automatically on touch-controlled tablets or other gadgets. From what we’ve seen, the new version will bring back a familiar look and feel, with features like a souped-up start menu and multiple virtual desktops.

Last but not least, Apple has begun to offer Mac OS X for free. Windows 8 cost $120 to Windows 7 users. Will Microsoft drop Windows 10's price to zero? Some observers believe it may, letting consumers upgrade free with an Office 365 subscription.