If you’re signed into LIVE, you may be signed out and asked to accept the update, after which you’ll be back online within minutes. The new update is said to increase performance and is part of the Xbox team’s continued effort to provide the best possible Xbox LIVE experience.
This update also fixed a color issue that some users had been experiencing, and will be immediately noticeable on the dashboard. This fix is also being applied by partners to their apps on the Xbox LIVE service, where it should be baked in over the coming months.
Source: Major Nelson.
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