There's no bug - hundreds of Android players are playing the latest update just fine, according to the download numbers and reports I get.
What exactly is the issue that you're having? The most common problem people have with installing apks is a lack of space on their device. Because of the way Android unpacks apks, you need up to 5 times as much free space on your phone as the app takes up. So in this case you'd need at least 8GB free, just to be safe, and possibly a little more.