The news includes:

Ancestry.com has announced their completion of the indexing of the 1940 U.S. Federal Census.
RootsMagic announced a new update to their software, version 5.0.4.0.
Online registration for the 2012 Federation of Genealogical Societies Conference (August 29-September 1) in Birmingham, Alabama, closes at 7:00 PM CDT on August 17th.
findmypast.com has officially launched its new site in the U.S. with a special World Subscription at $4.95 per month.
Unlock the Past has announced their 3rd genealogy cruise in February 2013.

Listener email includes:

Richard recommends episode 289 at This American Life.
The Greenoughs thank The Guys and Bill for help locating James Greenough and his wife in Saint John, New Brunswick. Their son has also earned his Boy Scout Genealogy Merit Badge.
Nancy writes about the Archdiocese for the Military, USA.
Ed attempted to help another listener seeking Samuel Mansfield in Fayette County, Kentucky.
Beverly thanks The Guys for recommendations for genealogical education.
Anne asks how much information should be stored in a genealogical database program and recommendations for how to store it.
Richard asks about how to find more information about a Hungarian immigrant who is seeking information about her father's parents.
Roger responds to the discussion about cemetery staff difficulties.
Rich discusses privacy and security issues.