Put the summary of the bug you're having here
What I expected to happen was that I open the Minecraft Launcher shortcut click play, and the game launch to the title screen.
What happened is that I clicked the laucher shortcut, saw that 1.8 was out got really excited and read over the updates, then clicked play got the usual Mojang screen then a crash screen saying, "No really that was supposed to happen..." followed by, " You should try our sister game Minceraft!" lol
Steps to Reproduce:
1. Open Launcher
2. Click Play
3. Wait for game to load.
4. Wait for it
5. Wait for it
6. Crash!!!
7. Using magic and love we have gathered some details about this crash and we will investigate this as soon as we can.
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Out of memory. Same cause as MC-70484, see comments there.
I removed my resource pack from my minecraft folder and it launched must not be compatiable at the moment.

Fixed for next version -> MC-70338
OK thank you. Any idea when the fix will be released?

Sorry no.