European Commission Executive Vice-President Henna Virkkunen will speak on European technological sovereignty at UnitedXR Europe, held 7–9 December at Maison de la Poste in Brussels. Her session is on Tuesday, 8 December at 15:00, alongside speakers from SPECS by Snap, Google and imec. Co-produced by AWE and Stereopsia, the event includes talks, an exhibition and the European XR Awards, with delegations from Hong Kong, Portugal, Ireland, the Netherlands, Belgium, four Nordic countries and over 60 other countries. Programme topics include the ethics and rights of XR and smartglasses, the EU AI Act in collaborative AI production, and enterprise XR with security and scalability challenges.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/20/2026 | 340.28 |
| Change that session | -1.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Coinbase Ireland to Pay $3 . 6M Fine As Part of Central Bank Settlement
The Central Bank of Ireland has taken enforcement action against Coinbase Ireland for failing to safeguard customer funds and provide adequate oversight between 2020 and 2025. Coinbase Ireland admitted the contraventions, agreed to the undisputed facts and accepted fines totaling $3.6 million. The regulator said the company improperly relied on its US parent to outsource certain services. The sanctions take effect only after approval from Ireland's High Court. Coinbase launched in Ireland in 2018, received an e-money license in 2019 and registered as a virtual asset service provider in 2022.
- EU probes Booking . com over handling of fraud - related complaints and cases
The European Commission has opened a formal investigation into Booking.com under the Digital Services Act, saying the platform is not doing enough to stop fraud, scams and fake listings as reported fraud rises sharply. Brussels is also examining whether paid boosted listings are clearly labelled as advertising. Officials called the company's anti-fraud performance “absolutely substandard” and suspect it has not properly assessed risks from fraudulent and unlicensed offers. Dutch consumer data recorded 1,072 fraud notifications linked to Booking.com in the first part of 2026, with estimated losses of about €82,000 and a tenfold increase over 2025. Because Booking.com is headquartered in the Netherlands, the Commission is working with Dutch regulators and will move quickly with an in-depth priority investigation.
- Europe risks startup exodus as regulation , funding and skill gaps hamper AI adoption , AWS EMEA head says
- Cardano Foundation urges EU against expanding MiCA rules to DeFi and staking
The Cardano Foundation has urged the EU not to create standalone rules for DeFi and staking, arguing that existing financial laws should apply based on the functions and risks of an activity rather than the technology used. In its 19-page submission to the European Commission dated Sept. 30, it distinguishes direct participation in decentralized networks from intermediary services, particularly custody or control of users' assets. It says Cardano users can delegate ADA to help secure the network without surrendering custody or locking tokens. The foundation also warns that overlapping MiCA and existing financial rules could create uncertainty for crypto businesses. In an Oct. 20 letter, it joined five other blockchain organizations urging the SEC to recognize digital commodities as non-securities.
- Frank Elderson: Interview with Die Presse
In an interview with Die Presse, ECB Executive Board member and Supervisory Board Vice-Chair Frank Elderson argues that the 2008 financial crisis cost far more than bank regulation, and that post-crisis reforms made European banks better capitalised, more liquid and more profitable on average. He says simplification is not deregulation and notes the ECB has already cut reporting obligations and sped up processes. He identifies fragmentation as Europe's biggest competitiveness obstacle, since cross-border banking remains limited, and calls for completing the Single Market, the savings and investments union and the banking union, including a European deposit insurance scheme. He argues simplification and integration must advance together in the European Commission's banking reform package, and that Basel standards keep competition based on efficiency rather than the weakest rules.
- EBA Takes Over USDC Nov 12 : Circle and EU Central Banks Both Fight 60 % Deposit Rule
On October 14, 2026, the European Banking Authority (EBA) designated Circle’s USD Coin (USDC) as the EU’s first “significant” e-money token under MiCA. From November 12, the EBA will directly supervise USDC’s capital, reserve assets, liquidity and recovery and redemption plans, while France’s ACPR keeps oversight of governance and similar areas. Circle had gained full MiCA compliance in July 2024 through its Paris subsidiary, which holds an ACPR-issued license. USDC circulates at $73 billion across more than 35 blockchain networks and is the only one of 45 notified e-money tokens crossing the significance threshold. Meanwhile, Circle and EU central banks are challenging the 60% bank-deposit floor in the rules, a dispute playing out in Brussels, though holders’ right to redeem at par is unaffected.
Related markets
Latest news
- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.