CocoaPods was not able to update the `master` repo....

$ pod repo update --verbose

Updating spec repo `master`
$ /usr/bin/git pull --ff-only
From https://github.com/CocoaPods/Specs a0baa68..9a14a05  master     -> origin/master
error: Your local changes to the following files would be overwritten by merge:
CocoaPods-version.yml
Specs/1PasswordExtension/1.0.0/1PasswordExtension.podspec.json

Specs/1PasswordExtension/1.0.1/1PasswordExtension.podspec.json

Specs/AKUTestKit/1.1.2/AKUTestKit.podspec.json
Specs/ALCore
Aborting
Updating a5c6b67..9a14a05

[!] CocoaPods was not able to update the `master` repo. If this is an unexpected issue and persists you can inspect it running `pod repo update --verbose`

rm -rf ~/.cocoapods/repos/master

$ pod setup
Setting up CocoaPods master repo

CocoaPods 1.0.0.beta.2 is available.
To update use: `gem install cocoapods --pre`
[!] This is a test version we'd love you to try.

For more information see http://blog.cocoapods.org and the CHANGELOG for this version http://git.io/BaH8pQ. 
Setup completed

$ pod install
Updating local specs repositories

CocoaPods 1.0.0.beta.2 is available.
To update use: `gem install cocoapods --pre`
[!] This is a test version we'd love you to try.

For more information see http://blog.cocoapods.org and the CHANGELOG for this version http://git.io/BaH8pQ. 
Analyzing dependencies
Downloading dependencies
Installing AFNetworking (2.6.3)
Installing AFOnoResponseSerializer (1.0.0)
Installing DTCoreText (1.6.17)