Steam :: Steam News :: Steam Client Update - August 1st
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A new Steam client has been released and will be automatically downloaded. General Added timer to the overlay. You can enable this button in the in-game settings. Improved library performance for users with large numbers of collections. Fixed some confirmation dialogs not closing with the cancel or X buttons. Fixed "Clear Download Cache" also deleting cached login information.

Gonna have to check out that timer, could be useful.

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