bsumn,
Sorry to hear you are running into this issue. Could you provide below information to help me investigate further –
1. Open MyEclipse IDE, from menu options click on MyEclipse > Installation Summary > Installation Details > [Copy to clipboard] and paste the same here
2. Are you behind firewall / proxy? If yes, please ensure you have configured proxy here – window > preferences > general > network connections
3. Please attach a screenshot of MyEclipse Configuration Center > Software tab with details of updates you have selected to install
4. Clear your. log file located at [your workspace dir]/.metadata/.log, replicate the issue and attach file here
Sorry for the inconvenience.