What are the key aspects of Penguin update?

Google Penguin 4.0 update announced key aspects which add the latest update as “now devalues spam” Penguin no longer penalizes your website or specific web pages but avoids /devalues the spam links & rankings are adjusted.
 
Google Penguin update was brought to penalize Link spamming. The websites using or practicing spam link building tactics would be affected by the Google Penguin update. Primarily website participating in link spamming activities like manipulative link building, low-quality link building, link exchange programs, artificial link building, automated link building, link farming, wiki spamming, comment spamming, low-quality directory submission, low-quality forum posting will be affected by Google penguin update.
 
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