Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announces plans to increase AI spending beyond the $53B target over three years

In a letter to Rep. Jim Jordan, YouTube says it will reinstate creators it banned for COVID and election misinfo, and blames Biden officials for the bans — YouTube's parent company, Alphabet, on Tuesday said it would reinstate creators previously banned for spreading misinformation about COVID-19 and false election content.