Friday, June 10, 2022

Alibaba drops as much as 8% after its Ant Group unit said it has no current plans to revive its IPO and a key regulator said it had not evaluated the listing (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Alibaba drops as much as 8% after its Ant Group unit said it has no current plans to revive its IPO and a key regulator said it had not evaluated the listing  —  - Alibaba shares dropped 8% on Thursday after its financial affiliate Ant Group said there were currently no plans to revive a public listing.



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Cursor co-founder Michael Truell says OpenAI represents just 5% of Cursor's traffic and Cursor trusted OpenAI to be "neutral"; Musk says he "couldn't care less" (Amir Efrati/The Information)

Amir Efrati / The Information : Cursor co-founder Michael Truell says OpenAI represents just 5% of Cursor's traffic and Cursor trusted...