Says TMZ Sports:

Jennifer Lopez and Alex Rodriguez have called it quits, and this time, it’s more permanent … announcing the end of their engagement, and each is going their own way professionally.

In a joint statement to TODAY, the couple announced:

“We have realized we are better as friends and look forward to remaining so. We will continue to work together and support each other on our shared businesses and projects. We wish the best for each other and one another’s children. Out of respect for them, the only other comment we have to say is thank you to everyone who has sent kind words and support.”

https://www.tmz.com/2021/04/15/jennifer-lopez-alex-rodriguez-j-lo-arod-split-breakup-end-engagement/