I upgraded IntelliJ Idea from 12.0.4 to 12.10.
Now all the modules in my Android project give the error:
Error: Default Activity Not Found
You app have launch activity default?
possibly this could be your mistake
Step 1: Select Edit Configurations
Step 2: watch this warning: Default Activity not found
Step 3: select a default activity
Step 3: Save your changes and finish
Good Luck