I have came across my forums with may post regarding that the user is not able to update now I have an alternative for that I just rectified my Steam updating problem. Not certain if this can fix different and similar steam fault but it's value giving an attempt. Follow this
1. First restart your computer or start your computer
2. Keep pressing F8 until you arrive at safe mode selection list
3. Choose t Safe Mode with Networking option
4. The computer start in the safe mode now run Steam like you always do and it must update with no troubles.
5. Just restart the pc again in normal mode that it
Hope it works for you guys.
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