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Neowin posted a story that Microsoft's next update for Windows 8.1 will be called 'August Update', and will be released on the next Patch Tuesday, August 12



Last week, a rumour emerged via a Russian site, claiming that Microsoft was planning to deliver the second update to Windows 8.1 on August 12. The screenshot that supported that information referred to an upcoming 'August update'.

Today, Rod Trent from Windows IT Pro reports that one of his sources has confirmed that info as correct, and the update will be delivered on the next Patch Tuesday, August 12.
  Windows 8.1 Update 2 coming Aug 12