The update class can be added by putting this function into your Child Theme functions.php file:
/**
* Print HTML with meta information for the current post-date/time and author.
*
* @since Twenty Fourteen 1.0
*/
function twentyfourteen_posted_on() {
if ( is_sticky() && is_home() && ! is_paged() ) {
echo '<span class="featured-post">' . __( 'Sticky', 'twentyfourteen' ) . '</span>';
}
// Set up and print post meta information.
printf( '<span class="entry-date"><a href="%1$s" rel="bookmark"><time class="entry-date updated" datetime="%2$s">%3$s</time></a></span> <span class="byline"><span class="author vcard"><a class="url fn n" href="%4$s" rel="author">%5$s</a></span></span>',
esc_url( get_permalink() ),
esc_attr( get_the_date( 'c' ) ),
esc_html( get_the_date() ),
esc_url( get_author_posts_url( get_the_author_meta( 'ID' ) ) ),
get_the_author()
);
}
[Updated]