Alibaba Group swung to an operating loss of more than $1.1 billion in the quarter through March because of the Chinese government’s recent $2.8 billion anti-monopoly fine. It was the Chinese e-commerce giant’s first-ever quarterly operating loss as a listed company since it went public in the U.S. in 2014. A big question is whether Alibaba will face any further consequences from China’s...
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SpaceX, Klaviyo, LLMs: Highlight Stories From This Week
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernauts—Amazon and Microsoft—held big, flashy product launch events. Through it all, The Information’s newsroom pumped out a string of scoops, analyses and meaty newsletters.
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