OS : Win 7 64, Java : build 1.8.0_121-b13 Launcher : 2.0.806
When I click "play", there's a Java error (screen provided).
It happened right after the installation of the new launcher. I then tried with a new installation of minecraft (got rid of everything in .minecraft as well), and even reinstalled Java to no avail. I'm quite stuck.
This is caused by broken Nvidia graphics drivers.
The hotfix of MC-112780 fixes that problem.
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