Hey Mike,
The error has to do with the Microsoft Visual C++ 2015-2019 redistributable as mentioned. We think that another software (AutoCad, etc) update or possibly a windows update has caused the redistributable to become corrupted. This has happened in the past and we are currently looking into the issue.
There are several resolutions as mentioned, however the below has seemed to be the quickest for most end users.
The resolution is to repair the redistributable through add or remove programs.
Add or Remove Programs>Microsoft Visual C++ 2015-2019 (x64)>Modify>Repair.
Regards,
Shane Lyons
Trimble Support