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Something like (the error was in a language different from English so I'm translating here):

UE4Game-Win64-Shipping.exe - Application Error

Unable to start application (error 0xc000007b)

Click ok to terminate the application.

(+1)

Try to Go here http://www.microsoft.com/en-us/download/details.aspx?id=40784 and download the installer. Uninstall and dont repair. Then reinstall.

No luck, could it be related to a  firewall or something?

Do you have 64bit windows?

Yeah it is 64 bit

Yeah it is 64bit, any other ideas?

I'm not sure what could be the problem