A formal model for updates—the result of learning that the world has changed—in a multi-agent setting is presented and completely axiomatized. The model allows that several agents simultaneously are informed of an event in the world in such a way that it becomes common knowledge among the agents that the event has occurred. The model shares many features with the model for common announcements—an announcement about the state of the world in which it becomes common knowledge among the audience that (...) the announcement has been made—presented in Cantwell (2005), but exploits the difference between learning that a state of the world obtains and learning that the state of the world has changed. (shrink)