Gary Illyes from Google did it again, he said on Twitter that he thinks the Penguin update that was expected in 2015, that was then delayed due to the holidays and now was expected this month should launch within weeks.
He said, he'd estimate the new real time Penguin algorithm should be live in weeks, but aiming for "this quarter." So it could be this month, or it could be sometime in March. Or who knows.
@mrjamiedodd I'll go with weeks. We're aiming for launching penguin this quarter, but we don't have a more precise timeframe.— Gary Illyes (@methode) January 19, 2016
Forum discussion at Twitter.