Seems as if it could not finish downloading the update for some reason.
INFO: Some foreign modules were found injected into outerra.exe. Note that these modules can interfere with the rendering, causing black screen or rendering artifacts. It's advised either to stop the programs or unload them.
The following potentially problematic modules were found:
C:\Program Files\AVAST Software\Avast\snxhk.dll (AVAST Software, avast! Antivirus), version 8.0.1483.72
C:\Windows\SysWOW64\guard32.dll (COMODO, COMODO Internet Security), version 5, 12, 256249, 2599
C:\Windows\system32\PrxerDrv.dll (Initex, Proxifier Standard Edition), version 3, 21, 1, 0
E:\Fraps\FRAPS32.DLL (Beepa P/L, FRAPS), version 3, 5, 9, 15586
E:\Program Files (x86)\MSI Afterburner\Bundle\OSDServer\RTSSHooks.dll (Unknown Company, Unknown Product), version unknown
Since the update being downloaded is an executable, some programs interfere. COMODO is often problematic, can you try stop it (or Avast) to see if it can let it go past the end?