AMD says its flagship Ryzen 9 9950X with 16 cores will cost $649, or $50 less than the Ryzen 9 7950X, and launches August 15; other new CPUs are $20-$50 cheaper (Tom Warren/The Verge)

Tom Warren / The Verge:
AMD says its flagship Ryzen 9 9950X with 16 cores will cost $649, or $50 less than the Ryzen 9 7950X, and launches August 15; other new CPUs are $20-$50 cheaper  —  AMD has finally revealed the launch prices for its new range of Ryzen 9000 desktop CPUs, and it’s pricing them slightly lower than the Ryzen 7000 launch prices.

The UK CMA approves HPE’s $14B deal to buy Juniper Networks after finding no competition concerns, following EU regulators approving the deal on August 1 (Katharine Gemmell/Bloomberg)

Katharine Gemmell / Bloomberg:
The UK CMA approves HPE’s $14B deal to buy Juniper Networks after finding no competition concerns, following EU regulators approving the deal on August 1  —  The Competition and Markets Authority said Wednesday it had cleared the tie-up after investigating whether it would cause a substantial lessening of competition in the UK.

A look at UnDisruptable27, a new project backed by a $700K grant to help fix cybersecurity weaknesses in US water, food, health care, and other vital sectors (Lily Hay Newman/Wired)

Lily Hay Newman / Wired:
A look at UnDisruptable27, a new project backed by a $700K grant to help fix cybersecurity weaknesses in US water, food, health care, and other vital sectors  —  As digital threats against US water, food, health care, and other vital sectors loom large, a new project called UnDisruptable27 aims …

Lyft reports Q2 revenue up 41% YoY to $1.4B, Gross Bookings up 17% YoY to $4.02B, vs. $4.07B est., and projects $4B-$4.1B in Q3 Gross Bookings, vs. $4.14B est. (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg:
Lyft reports Q2 revenue up 41% YoY to $1.4B, Gross Bookings up 17% YoY to $4.02B, vs. $4.07B est., and projects $4B-$4.1B in Q3 Gross Bookings, vs. $4.14B est.  —  – Outlook miss threatens to overshadow progress to grow margins  — Rideshare company posts quarterly profit for first time

Disney reports Q3 revenue up 4% YoY to $23.2B and a $47M streaming business operating profit, up from a $512M loss in Q3 2023, and revenue up 15% YoY to $6.4B (Todd Spangler/Variety)

Todd Spangler / Variety:
Disney reports Q3 revenue up 4% YoY to $23.2B and a $47M streaming business operating profit, up from a $512M loss in Q3 2023, and revenue up 15% YoY to $6.4B  —  Company warns weak theme park demand could extend into the ‘next few quarters’ … That said, there were some mixed emotions …

AI threatens to upend India’s $250B outsourcing industry, as companies plan to automate BPO; HSBC says 80%+ of the S&P 500 outsource some operations to India (Megha Mandavia/Wall Street Journal)

Megha Mandavia / Wall Street Journal:
AI threatens to upend India’s $250B outsourcing industry, as companies plan to automate BPO; HSBC says 80%+ of the S&P 500 outsource some operations to India  —  Country’s outsourcing companies have added urgency to shift to higher-end services  —  Artificial intelligence is upending India’s technology outsourcing business.

A profile of Yang Zhilin, the founder and CEO of China’s highest-valued AI unicorn Moonshot, who studied at Carnegie Mellon University and worked at Huawei (Ben Jiang/South China Morning Post)

Ben Jiang / South China Morning Post:
A profile of Yang Zhilin, the founder and CEO of China’s highest-valued AI unicorn Moonshot, who studied at Carnegie Mellon University and worked at Huawei  —  – Big bets made by Alibaba, Tencent and other investors on Yang Zhilin’s leadership have boosted Moonshot AI’s valuation to US$3.3 billion