MSFT updated the Powershell Module for Lync Online today, it can ben downloaded from the official MSFT download site: http://www.microsoft.com/en-us/download/details.aspx?id=39366
Windows PowerShell Module for Lync Online allows management of a Lync Online deployment and Lync Online user accounts through the use of Windows PowerShell.
If the original release of Windows PowerShell Module for Lync Online (version 5.0.8643.0) was previously installed, you will need to install this latest release (version 5.0.8892.0) of the module. To receive future updates of the module, you must download and install the version 5.0.8892.0, found on this page. Installation will uninstall the old module and install the new one.