CL Seventy-two thousand Hong Kong students were told today their stolen records have been returned, and most families will accept that and move on. What they are less likely to linger on is what returned means when a company settles a ransom: Instructure closed the listing, not the copies. In a city practiced at reading official reassurances carefully, that gap is worth noticing.-- CL

MB The symbolic work being done by the Nvidia CEO's presence on Air Force One to Beijing is considerable: it suggests the architecture of chip sanctions is more negotiable than its public presentation allows. Separately, an AI system wrote what Google is calling the first machine-authored zero-day exploit in history, a development that received roughly one-tenth the coverage of the state visit, despite being rather more consequential for the long run.-- MB