After the Android Studio 2.0 update while the gradle build finishes I get this :
Session \'app\': Error Launching activity .
It prevents the app from starting
I had same problem. I was using AVD with arm processor image and received this same message. The only way for me to make Android Studio 2.1.2 runs the app with instant run was change to an X86 processor image. The error was gone and ( until this moment) I think the emulator works faster than ARM emulated. My workstation configuration is Intel I5, 6Gb RAM. Maybe this helps until next fix.