馃摫 Xiaomi Overtakes Samsung in Europe!

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Welcome to Roy Overload, the business second finance newsletter. I'm Scott declary. This is what's making news today. Zami moves ahead of Samsung and Qtwo of two thousand and twenty one. The crypto asset trading firm Voyager digital acquires fives global payment infrastructure. Twitter collaborates with Reuters and AP to combat misinformation, and the Chinese electric vehicle start up Leotto just raised one point nine three billion dollars. Let's jump right into it. The ZOMIE is moving ahead of Samsung. For the first time ever, they've overtaken Samsung is a top seller in Europe. Zomi, earlier this here overtook apple to become the second ranked smartphone vendor globally. In q two of two thousand and twenty one, the number of smart phone Shipman's worldwide was fifty point one million. ZOMMI occupied the top spot by shipping twelve point seven million, which was a sixty one seven point one percent increase in growth compared to the same time the previous year. Samsung had twelve million shipments. They came in a close second to Zommi. More importantly, though, they witnessed seven percent decline in sales you over year. Other...

...smartphone companies that followed zown me and Samsung were apple, at nine point six million units shipped, Opo a two point eight million and real me at one point nine million. Market analyst say that zommies focus on a value and delivering an incredible products helped it grow across Europe, especially in Russia, Ukraine, Bain and Italy. The crypto asset trading firm voyager digital is acquiring of five a global payment infrastructure. So Voyager Digital, a Crypto as a trading firm, is all set to acquire the Payments Company for eighty five million dollars in cash and stock. Voyager expects the acquisition to help expand its capabilities as it would enable them to offer more options to the cripple users and cross country payment options. While voyager is publicly listed in Canada, qualified services are available across Europe, Asia, North America and South America. Complete the purchase, voyager would issue five point one million shares worth seventy million dollars, and the fifteen million would be paid to coinify investors in cash. Voyager digital would purchase quantify...

...with the five point five million dollars in cash the ladder has on its balance sheet. Witter collaborates with routers and AP to combat misinformation. To provide more contacts to tweets, twitter is partnering with two Leading News Organizations, routers in the Associated Press. The content creation team and misinformation team at twitter will work in tandem with the news giants to keep the process of providing contact, adding relevant descriptions, showing credible information at the top of searches or even posting warning labels that post could be misleading. They want to make that process as fast and as efficient as possible. With that partnership, routers in AP will add to these efforts. More credibility, more information enhanced efficiency. As trends begin to gain momentum, the partnership between APE and Reuters would help quick twitter quickly provide information around the trend, much before misinformation goes viral and gets out of hand. The Chinese Electric Vehicle Start Up Lee Otto is raising one point nine through billion dollars in a Hong Kong secondary listing. To raise the target funds, Lee auto issues one hundred million class a ordinary shares. Who Investors?...

With prices of these stocks capped a one hundred fifty Hong Kong dollars, which is nearly nineteen dollars and twenty nine cents. The auto's decision to raise funds follows that of its rival, is a paying that had raised one point eight billion from a similar Hong Kong listing earlier this year. What propels Leauto and others to listen Hong Kong is a trend seen amongst US listed Chinese organizations such as Ali Baba, net EA's and jdcom, where they're looking to raise funds closer to home. A secondary listing hedges against you a political risk that arises out of sudden changes in financial market regulations at a specific location. Other items around the web, zoom is paying eighty five million dollars in a settlement. They were accused of violating users privacy and divulging their data to third parties without consent. The Australian Exchange Independent Reserve is going to be the first crypto exchange in Singapore to win an in principle approval to work as a fully regulated vast or virtual asset service provider, and twitter is now allowing users to sign up...

...and or log into their APP with Google and or apple credentials. That's it for the news today. If you found any value, share with friends, family, Piers Co workers that can go subscribe at newsletter that Roy overloadcom have a great day.

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