Photoshop & Illustrator CC 2014 crashes shorty after startup

Question

They both have been working fine up until today. I tried a re-install and also the solution from Photoshop CC (2014) fails to start (0xc000007b) confirming the files were removed on uninstall then re-installed from fresh (x86) and (x64) versions of the 2012 C++ redistributes.
Crashes on plain application start and through opening a PSD. Seems to occur right at the point the new library feature updates in my tools although I have yet to use the feature. InDesign CC 2014 has no issues. Crash reports below.
Photoshop CC 2014
Log Name:      Application
Source:        Application Error
Date:          10/15/2014 10:32:16 PM
Event ID:      1000
Task Category: (100)
Level:         Error
Keywords:      Classic
User:          N/A
Computer:      G47
Description:
Faulting application name: Photoshop.exe, version: 15.2.0.236, time stamp: 0x542531ba
Faulting module name: MSVCR110.dll, version: 11.0.51106.1, time stamp: 0x5098826e
Exception code: 0xc00000fd
Fault offset: 0x00000000000536cd
Faulting process id: 0x1b60
Faulting application start time: 0x01cfe90287825be3
Faulting application path: C:\Program Files\Adobe\Adobe Photoshop CC 2014\Photoshop.exe
Faulting module path: C:\Windows\system32\MSVCR110.dll
Report Id: c98122ae-54f5-11e4-9db8-c86000cb2843
Event Xml:
<Event xmlns="http://schemas.microsoft.com/win/2004/08/events/event">
  <System>
    <Provider Name="Application Error" />
    <EventID Qualifiers="0">1000</EventID>
    <Level>2</Level>
    <Task>100</Task>
    <Keywords>0x80000000000000</Keywords>
    <TimeCreated SystemTime="2014-10-16T05:32:16.000000000Z" />
    <EventRecordID>321082</EventRecordID>
    <Channel>Application</Channel>
    <Computer>G47</Computer>
    <Security />
  </System>
  <EventData>
    <Data>Photoshop.exe</Data>
    <Data>15.2.0.236</Data>
    <Data>542531ba</Data>
    <Data>MSVCR110.dll</Data>
    <Data>11.0.51106.1</Data>
    <Data>5098826e</Data>
    <Data>c00000fd</Data>
    <Data>00000000000536cd</Data>
    <Data>1b60</Data>
    <Data>01cfe90287825be3</Data>
    <Data>C:\Program Files\Adobe\Adobe Photoshop CC 2014\Photoshop.exe</Data>
    <Data>C:\Windows\system32\MSVCR110.dll</Data>
    <Data>c98122ae-54f5-11e4-9db8-c86000cb2843</Data>
  </EventData>
</Event>
Illustrator CC 2014
Log Name:      Application
Source:        Application Error
Date:          10/15/2014 10:40:28 PM
Event ID:      1000
Task Category: (100)
Level:         Error
Keywords:      Classic
User:          N/A
Computer:      G47
Description:
Faulting application name: Illustrator.exe, version: 18.1.0.430, time stamp: 0x54247b91
Faulting module name: MSVCR110.dll, version: 11.0.51106.1, time stamp: 0x5098826e
Exception code: 0xc00000fd
Fault offset: 0x00000000000536cd
Faulting process id: 0x1880
Faulting application start time: 0x01cfe903a9732f76
Faulting application path: C:\Program Files\Adobe\Adobe Illustrator CC 2014\Support Files\Contents\Windows\Illustrator.exe
Faulting module path: C:\Windows\system32\MSVCR110.dll
Report Id: eec04346-54f6-11e4-9db8-c86000cb2843
Event Xml:
<Event xmlns="http://schemas.microsoft.com/win/2004/08/events/event">
  <System>
    <Provider Name="Application Error" />
    <EventID Qualifiers="0">1000</EventID>
    <Level>2</Level>
    <Task>100</Task>
    <Keywords>0x80000000000000</Keywords>
    <TimeCreated SystemTime="2014-10-16T05:40:28.000000000Z" />
    <EventRecordID>321092</EventRecordID>
    <Channel>Application</Channel>
    <Computer>G47</Computer>
    <Security />
  </System>
  <EventData>
    <Data>Illustrator.exe</Data>
    <Data>18.1.0.430</Data>
    <Data>54247b91</Data>
    <Data>MSVCR110.dll</Data>
    <Data>11.0.51106.1</Data>
    <Data>5098826e</Data>
    <Data>c00000fd</Data>
    <Data>00000000000536cd</Data>
    <Data>1880</Data>
    <Data>01cfe903a9732f76</Data>
    <Data>C:\Program Files\Adobe\Adobe Illustrator CC 2014\Support Files\Contents\Windows\Illustrator.exe</Data>
    <Data>C:\Windows\system32\MSVCR110.dll</Data>
    <Data>eec04346-54f6-11e4-9db8-c86000cb2843</Data>
  </EventData>
</Event>

Answer 1

The previous non-2014 CC version of Photoshop is working fine. I still need a resolution for the 2014 version as I need Typekit integration back.