WordPress at a glance
function is not described

wp_schedule_update_network_counts() WP 3.1.0

Schedule update of the network-wide counts for the current network.

No Hooks.

Return

Nothing (null).

Usage

wp_schedule_update_network_counts();

Code of wp schedule update network counts: wp-includes/ms-functions.php VER 5.0.3

<?php
function wp_schedule_update_network_counts() {
	if ( !is_main_site() )
		return;

	if ( ! wp_next_scheduled('update_network_counts') && ! wp_installing() )
		wp_schedule_event(time(), 'twicedaily', 'update_network_counts');
}