WeChat Says It Is Working on iPhone Duo Adaptation as Apple's Foldable Goes on Sale
WeChat said it is working to adapt its app to Apple's iPhone Duo as the foldable went on sale on Oct. 23. BYD expects L3 autonomous driving in 2028, Tesla reported a 43% profit drop, and OpenAI is reportedly near a $30 billion funding round.
Tencent's customer service told First Financial News that WeChat is actively advancing adaptation for Apple's foldable devices and will release an update as soon as possible, without giving a timetable. In a hands-on test, ifanr found that WeChat's interface did not make full use of the inner screen when unfolded. The same briefing reported that Amap will launch a split-screen navigation view for the iPhone Duo, showing lane information and the route ahead side by side.
BYD senior vice president Yang Dongsheng said at the World Intelligent Connected Vehicles Conference on Oct. 21 that Level 3 conditional autonomous driving could be deployed in 2028, with higher levels possible one to two years later after further technical iteration, First Financial News reported.
Tesla reported third-quarter revenue of $28.046 billion, roughly flat from a year earlier, while GAAP net income attributable to common stockholders fell 43% to $787 million. The company attributed the decline in operating profit to higher spending on AI and research and development, lower regulatory credit revenue and rising stock-based compensation. Automotive revenue fell 3% to $20.56 billion on deliveries of 486,532 vehicles, down 2%; energy revenue fell 16% to $2.881 billion; services and other revenue rose 33% to $4.605 billion. Gross margin was 19.6%, up 1.6 percentage points. CFO Vaibhav Taneja said on the earnings call that Tesla's FSD technology advantage is not yet matched by Chinese automakers and that the company is seeking broader approval from Chinese regulators. Paid active FSD users rose 67% to 1.74 million. Tesla adjusted its full-year capital expenditure guidance to about $20 billion.
On the same call, Elon Musk repeated his view that humanoid robots will eventually outnumber humans, saying Optimus could become the world's largest product. He said hand durability, dexterity, AI and service life still need work, and that deliveries to customers outside Tesla may not come until late 2027.
OpenAI is close to finalizing a funding round of up to $30 billion led by investors from the UAE and Coatue at a pre-money valuation of $1.25 trillion, CNBC reported, citing people familiar with the matter. The round is positioned as a bridge ahead of a potential IPO; OpenAI told investors on Oct. 22 that it hopes to sign by the following weekend. The company confidentially filed for a U.S. listing in June, and CFO Sarah Friar has told staff it plans to go public in 2027.
Audi said Zhang Jun, most recently CEO of Chery's overseas brand business, will become president of Audi China on Nov. 1, succeeding Johannes Roscheck, who returns to Germany. Rolf Michl, previously managing director of Audi Sport GmbH, will become Audi China COO the same day. Audi CEO Gernot Döllner said the new team is meant to implement the company's strategy faster and respond to customer needs amid competitive and sales pressure in China, Reuters reported.
eBay CEO Jamie Iannone told staff in an internal memo that the company will cut about 9% of its workforce to simplify operations and shift resources to its fastest-growing businesses, Reuters reported on Oct. 21. A company statement cited by Jiemian News put the number at about 1,000 to 1,100 roles. It is eBay's second round this year, after about 800 job cuts in February, or about 6% of staff at the time.
Unitree founder Wang Xingxing said at the World Physical AI Conference on Oct. 22 that physical AI is showing signs of a breakthrough that could arrive in one to three years, according to Science and Technology Innovation Board Daily. He said the central challenge for embodied intelligence is aligning model inputs and outputs with real robots, and that commercial service scenarios will likely arrive before home and industrial uses. First Financial News reported that in an internal test, a robot running GPT-6 cleaned a brush and continued painting without task-specific programming.
BMW said its China services unit renewed a memorandum of understanding with the China Academy of Information and Communications Technology to deepen cooperation on next-generation communications, AI and other technologies. The two first signed an agreement in 2019; the renewed cooperation covers industry trend analysis, policy and standards research, joint studies and ecosystem building. BMW said its China team is taking on more requirements definition, software development, testing and production work for models including the new-generation iX3 and i3.
Western Digital reported fiscal first-quarter revenue of $4.381 billion, up 55% year on year, with GAAP diluted net income of $1.779 billion, up 54%, and diluted earnings per share of $4.63. Gross margin rose to 57.8% from 43.5%. The company guided second-quarter revenue to about $5.1 billion, plus or minus $100 million, and raised its quarterly dividend 17% to $0.175 per share.
Rokid founder Misa Zhu posted a video on Oct. 22 that appeared to reveal the name and logo of a color-display AI glasses product, Rokid Color, according to AR Circle. The company is holding a launch event on Oct. 27.