Verify using the Stable update channel:
Edit -> Preferences -> Advanced tab. Update Channel should have ‘Stable Channel’ selected.
Verify a firmware update is available in Studio:
When updating Fresco Studio, the firmware updates are available on the Tools -> Firmware Update menu. It will have a small message in middle of screen indicating an update is available.
Select Browse then look for the firmware update file.
Note: Check the path. You may have to browse to the default path of My Documents\Fresco Studio\Updates. Or if you customized the updates path (within Edit -> Preferences), the location may be different on your computer.