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Microsoft has announced details of "Update 3" for Windows Phone 8, bringing 1080p and quad-core CPU support, plus screen-rotation lock, a new Driving Mode and the ability to close apps after use



From Neowin:
Since launching Windows Phone 8 towards the end of last year, Microsoft has delivered two major updates to the OS. General Distribution Release 1 (GDR1, known widely by its development codename 'Portico') was released to devices early this year, while the rollout of GDR2 is continuing across the globe. But neither of these two updates has significantly expanded the capabilities of Microsoft's mobile operating system, leading many to criticise the company for not doing enough to improve Windows Phone, even as it lags behind its rivals.

Today, Microsoft revealed details of what's coming in the next big update to the OS, which won't be called "GDR3", as we had expected, but is now being referred to as "Update 3".
  Microsoft reveals "Update 3" for Windows Phone 8