I have Android Studio Beta. I created a new project with compile my old modules but when I tried launching the app it did not launch with the message:
Error:
I had the same problem when I update from com.google.android.gms:play-services:11.2.2 to com.google.android.gms:play-services:11.4.0. This solved it for me:
com.google.android.gms:play-services:11.2.2
com.google.android.gms:play-services:11.4.0