Newsstand not updating
Available with i OS 9 this fall for i Phone® and i Pad®, News combines the visually rich layout of a magazine with the immediacy and customization of digital media.
News follows over a million topics and pulls relevant stories based on your specific interests that can be easily shared or saved for later — without compromising your privacy.
The Newsstand folder is gone but the apps should still be present just not wrapped in a folder.
If you can't find them you can still re-download the apps through the App Store.
I have several subscriptions to newspapers that were in the Newsstand app. and with it, all the magazines I had paid for, or was in the process of reading, etc.
Of course, they are nowhere to be found in the "News" app, neither in the "saved" tab not in the "search" results...
Google Play Newsstand supports multimedia content powered by Google’s Accelerated Mobile Pages (AMP) web optimization framework.