This error code returns as:
0x80072EFD -2147012867 ERROR_INTERNET_CANNOT_CONNECT
There can be many reasons for this behavior.
See the following article. It contains several troubleshooting procedures for determining where this behavior is coming from. Carefully go through each step.
You may encounter temporary connection-related errors when you use Windows Update or Microsoft Update to install updates: http://support.microsoft.com/kb/836941
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