Not a lot of info to help out with. When it starts it doesn't get any info, and after a while a window pops up with some .net problem mentioning Capsavvy. Windows 7 Pro with all updates.
The particular error makes it look like the update thread took longer to get information than the interval between update checks. The attempt should have timed out long before then. That might be a bug, but it's not the root cause of your problem, just a symptom.