Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist 
US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown 
SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
South Korea’s Naver Corp. is taking its online shopping platform Smart Store to Spain to support small merchants there and challenge Amazon, the largest e-commerce operator in the country with over 20 percent market share.
Naver is also seeking support from the Spanish government for the project.
Smart Store provides smaller retailers with a site for e-commerce, payment and settlement systems, and other tools for online transactions.
Sources said the Smart Store platform will help smaller merchants in Spain conduct sales and marketing activities on the Spanish virtual marketplace Wallapop, where Naver invested €115 million this year.
The Barcelona-based Wallapop, of the four largest shopping apps in Spain, lets people resell their used items, or sell items such as crafts they make themselves.
Wallapop's users account for about half of Spain's population.
Combining Smart Store and Wallapop will help enhance Naver's presence in Spain's e-commerce market, which is among the world’s top 10 with a size of $21.4 billion as of 2020.
Analysts said Naver will be competing with Amazon in Europe and Sea Limited in Southeast Asia.
Sea Limited is a Singaporean internet company that operates Shopee, SeaMoney, Garena and a football club Lion City Sailors FC.
