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The day in 7 cards

Bubbles are bets. Privacy sells, old emails too. Banks bankroll yuan. AI hacks 73%. A yes needs eye contact. Tap a card to see it full size, or a headline for the whole story.

  1. Explainer: Jeff Yass argues prices are probability-weighted bets, so a fall is uncertainty resolving, not a bubble bursting01No such thing as a bubble?
  2. Explainer: six approaches AI firms use to keep user data private, from encryption to offline deployment02India's private AI push
  3. Explainer: why global banks are issuing dim-sum bonds and what it means for the yuan03Wall Street's yuan habit
  4. Explainer: how AI math discoveries could threaten encryption, with the case for and against worry04AI versus the locks
  5. Explainer: open-weight DeepSeek scores close to OpenAI's gated Daybreak on Vals' simulated hacking test05Open models learn to hack
  6. Explainer: how data brokers buy company emails and files to train AI, and the privacy objections06Your work emails, for sale
  7. Explainer: four research-backed rules for getting colleagues to agree to requests07The science of asking

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