Google is pushing first update for Android Wear which powers Samsung Gear Live. There is no change log provided for the update and there is no visual differences after the update. So it is hard to say right now what this update will bring.
But we think this update will fix some initial bugs and improve bit performance. If you have a Gear Live smartwatch you can update Android Wear to latest firmware.
Pingback: Samsung Gear Live Getting KMV78X Update | Samsung Rumors()