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When Google next PR (PageRank) update will happen?

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It's been already over a year since the last time Google updated websites PR (PageRank). Does anybody have some intel on when Google plans or will release the next PR update?
maya Offline referral

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Joined: May 2013
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It's really strange that it's been now almost a year since the last time Google updated PR. There are many rumors about Google stop using PageRank and so far it looks like it. I am wondering how do they determine website rankings these days. Since they don't update PR there are many good web-sites that should have high PR still did not receive any! How these website compete for rankings with sites that have higher PageRank.
victor Offline referral

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Joined: Jun 2013
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Google these days doesn't really care about web-site PR but rather about the quality of its content. This means that PR updates will be less and less frequent.

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