Here is a list of what will be coming in the 3.50 update for the PlayStation 4.

New Social Features

• Friend Online Notification – Want to know the moment your friends come online? With this update, you can, as we’ve added an option to be notified when members of your friends list sign on the network.
• Appear Offline – Sometimes you want to play a game or watch a movie without being bothered by friends. Now it’s easier to go incognito as we’ve added the option to appear offline. You can designate if you would like to appear offline when you log-in or at any time from your Profile or the Quick Menu.
• User Scheduled Event – Time for a play date! We’ve added the ability to schedule a future gameplay session with your friends on the system. When your event starts, users who registered for the event will automatically be added to a party so you can start playing right away.
• Play Together – This features allows all members of a Party to see what each person is playing so that you can easily join a friend’s game, or start a new game together.

Other New System Features

• Remote Play (PC/Mac) – We’re bringing PS4 Remote Play to Windows PC and Mac. This feature won’t be available to test in the beta, but you can look forward to it soon.
• Dailymotion – With this update, you’ll be able to live stream directly to Dailymotion on PS4. We’ll also support archiving live broadcasts, like we do for other streaming services.

There is a beta planned on the 02/03/2016 for the people who have been selected to take part, but will unfortunately not include the remote play feature and no news on when the full update will be released.

My own thoughts: I am quite looking forward to it as i use the Xbox one remote play all the time, so i will use remote play for the PlayStation 4 but there is no information about it such the bit-rate.