Steam has been updated again. In this thread from the Steam forums Erik Johnson, the VALVe guy, posted the following about this release:
The main problem fixed with this release will be the lockups that people are seeing in the desktop version of Friends, as well as the bug that would cause Steam to use 100% of the CPU.This update is for Steam only, but Erik Johnson did say that they are working on an in-game fix to be released "ASAP." So... start up Steam and update your platform.dll to version 7. Thanks FLeK0!
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