iCloud for Windows 13 can not sign in and setup connection Outlook 365 since November 2021 update

I am unable to sign in to iCloud through iCloud for Windows.

The Error is "Verification Failed" "An unknown error occurred." after I provided a correct password and 2FA passcode. It provided a retry option and a cancel button.

The option checked are iCloud Drive and "Mail, Contacts, and Calendars" with Outlook.

I tried to force quit it and iCloud Drive was successfully updated and it prompted updated 2minutes ago at the bottom right. But I can't find any account setup in Outlook.

I tried clean reinstall Office 365 with a clean Outlook profile. A clean reinstall of iCloud for Windows from Microsoft Store. But no luck.

My account works with another Windows 10 pro computer and iCloud for Windows 13. So it should not be my account/ credentials problem.

I roll back to version 12 without the "passwords" option that will set up my account in O365 and everything will work fine. But I want to keep the apps updated and secure.

Any suggestion would be great, thanks.