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• Chinese leader Xi Jinping told President Joe Biden China intended to rule Taiwan, NBC News reported. 
• The conversation took place on the fringes of the Apec summit in November. 
• Tensions are increasing between China and Taiwan

PlayStation 5 sales have hit a new milestone. Sony announced on Wednesday that it sold 50 million consoles since its launch in late 2020.

The number shows just how much PS5 sales are ramping up, as Sony announced in July that it sold more than 40 million units. This likely has to do with an increased availability of the PS5 after supply

Mutant Mayhem’s Jeff Rowe talks keeping Shredder back for the sequel. Wyatt Russell discusses’ Thunderbolts filming schedule. Get a look at Jadis’ return for Walking Dead: Ones Who Live. Plus, get a look at Adam Sandler’s new sci-fi movie for Netflix, Spaceman. To me, my spoilers!

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• Buyers react more to the change in mortgage rates than the actual rates themselves, Compass CEO Robert Reffkin said.
• The rate relief comes as inventory is loosening up, which is an encouraging sign for buyers.
• "A key question is will the Fed lower rates in the March meeting before the spring market, or in the May meeting afterwards."

Mortgage

NASA just combined all of my favorite things: space, lasers, and cats. In a first-of-its-kind demonstration of deep space optical communication, the space agency streamed a high-definition video from 19 million miles away from Earth. And as it turns out, NASA is just as obsessed as we are when it comes to sharing cat…

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• I became close friends with the new girl at the media job I had in my 20s.
• We became so close that she started sleeping on my couch, and I helped her get my dream job.
• When she left the company, we stopped talking and I felt used.

When I was in my early 20s, I worked a great media job, and I thought I had it made. I was

• Steve Huffman told Fast Company that Reddit in its early days didn't feel like a real business. 
• He explained that its success and profitability far exceeded his expectations. 
• The company is in talks with investors about an IPO in early 2024 with a valuation of $15 billion.

Reddit's cofounder

Cybersecurity incidents are constantly in the news these days, but you’ll soon be hearing about a lot more of them. That’s because a new rule from the Securities and Exchange Commission went into effect on Monday, requiring all public companies to report data breaches in just four days.

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Hi! Chick-fil-A on a Sunday!? That could be a reality if one New York politician gets his way. More on his argument for why the popular chain should stay open and the locations that could be impacted.

In today's big story, we're looking at

• The hype cycle is as strong as ever, but has AI actually peaked already?
• No AI model has convincingly beaten OpenAI's GPT-4 since it was released in March.
• It raises questions about how much of a step-change in performance is possible from this point.

We are only one year into a post-ChatGPT

• Israel's campaign in Gaza started in the north but has now shifted to the southern area.
• Researchers mapping the damage say more than a third of the buildings in the strip have been destroyed.
• Tens of thousands of munitions — a mix of precision and unguided — have been dropped on the enclave.

Israel's continued