Rebekah Valentine / IGN:
Circana: Xbox Series console sales fell 70% YoY to an all-time low in November, compared to the PS5's 40% YoY drop and Switch 1 and 2's combined 10% YoY fall  —  Down again.  —  This morning, we learned that November was a surprisingly bad month for video game spending across the board.

Bloomberg:
Honda plans to halt production in Japan and China from December 29 to January 6, showing the ongoing fallout of the global chip shortage and Nexperia takeover  —  Honda Motor Co. will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip shortage.

Financial Times:
Sources: Yann LeCun is in early talks to raise €500M for his startup at a ~€3B valuation, and plans to name Alexandre LeBrun as CEO, ahead of a January launch  —  Turing award winner is in early talks to raise €500mn ahead of January launch  —  Meta's chief artificial …

Axios:
FCC Chairman Brendan Carr tells a Senate committee the FCC “is not an independent agency”; the agency removed “independent agency” from its site as he testified  —  FCC Chairman Brendan Carr said in his Wednesday Senate testimony that the agency he governs “is not an independent agency, formally speaking.”

Gavin Bonshor / More Than Moore:
An in-depth look at a recent research paper that offered a roadmap to the viability of 3D HBM-on-GPU integration for improved AI performance and utilization  —  Five Things You Should Know Before Reading:  — “3D HBM” Now Feasible: Offers improved AI performance and utilization.