Masahiro Sakurai has confirmed that development continues on the Tourney mode planned to be added to Super Smash Bros. for Wii U and Nintendo 3DS.
This will launch as part of a free update in August, adding two Tourney modes. These are Community Tourneys, where you compete for the highest points in a certain amount of time, and regular Tourneys, that have a more specific set of rules and only happen at select times.
Nintendo are to also add a YouTube upload feature to Super Smash Bros. for Wii U, which will allow you to post replay videos of your matches straight to YouTube. Although, a timeframe wasn’t given as to when to expect this to arrive.