Components freeze

Had an update come through to version 16.1.1449 64 Bit last night.
I did this update & first thing I noticed when starting SU was that my File locations were invalid, so I went to Preferences, file locations etc.
But what i can not do is use the Components from either the side menu or the title bar menu, it just gives me a spinning wheel & I have to quit the programme.

ANy solutions for this?