Since the Minecraft Launcher updated itself to ver. 1.0.1.0 it will not start. Attempting to launch it causes an Application log Error Event ID 1000 (Application Error) and and Application log Information Event ID 1001 (Windows Error Reporting) to be logged.

Event ID 1000:

Faulting application name: MinecraftLauncher.exe, version: 1.0.1.0, time stamp: 0x5da59323
Faulting module name: MinecraftLauncher.exe, version: 1.0.1.0, time stamp: 0x5da59323
Exception code: 0xc0000409
Fault offset: 0x000d306e
Faulting process ID: 0x25f0
Faulting application start time: 0x01d5ac7ad35530fb
Faulting application path: C:\Program Files (x86)\Minecraft\MinecraftLauncher.exe
Faulting module path: C:\Program Files (x86)\Minecraft\MinecraftLauncher.exe
Report ID: 2c024f4f-c534-4974-accb-7f76baa06ab8
{{Faulting package full name: }}
Faulting package-relative application ID:

This is not MCL-12279 as I am using the release channel.