NOUN (1)

1. news that updates your information;


VERB (3)

1. modernize or bring up to date;
- Example: "We updated the kitchen in the old house"

2. bring up to date; supply with recent information;

3. bring to the latest state of technology;

The Collaborative International Dictionary of English v.0.48:

update \up"date\ ([u^]p"d[=a]t`), n.
   1. The event or process of updating (in either sense); the
      information provided in the process of updating; as, I
      gave the director the latest update on the project; the
      update took over an hour.
      [PJC]

   2. The document or database which results from a process of
      updating; and updated document or database; as, they
      distributed the update over the internet.
      [PJC]

The Collaborative International Dictionary of English v.0.48:

update \up"date\ ([u^]p"d[=a]t` or [u^]p*d[=a]t"), v. t.
   1. To make corrections or to add new information to (a
      document) so as to include the most recent information;
      as, we update the sales database every night; the book was
      updated and sold as a new edition. Used often of
      computerized data bases and documents.
      [PJC]

   2. To inform (a person) of the most recent information
      concerning a topic; as, I updated the director on the
      status of the project.
      [PJC]

WordNet (r) 3.0 (2006):

update
    n 1: news that updates your information
    v 1: modernize or bring up to date; "We updated the kitchen in
         the old house"
    2: bring up to date; supply with recent information
    3: bring to the latest state of technology

Moby Thesaurus II by Grady Ward, 1.0:

20 Moby Thesaurus words for "update":
   antedate, backdate, be dated, bear date, date, date at, date-stamp,
   dateline, datemark, make a date, modernize, postdate, predate,
   refresh, refurbish, rejuvenate, renovate, restore, set the date,
   streamline