Global Software As A Service (SaaS) Market to Grow by almost $ 100 Billion| Increasing Use of Mobile Apps to Drive Market Through 2025

Reuters
Daimler raises outlook, says chip shortage may impact Q2 sales
LONDON (Reuters) -Mercedes-Benz car maker Daimler AG on Friday raised its profit outlook for 2021, but warned that the global semiconductor chip shortage may continue to impact its sales in the second quarter. Daimler said that although "visibility is limited at present", it assumes some recovery in the availability of chips in the second half of this year. "After this promising start, we are very confident that we can keep up the pace to improve our margins on a sustainable basis and at the same time expand our electric vehicle line-up," Chief Financial Officer Harald Wilhelm said in a statement.
39m ago
Bloomberg
Bitcoin Drops Below $50,000 Amid Tax and Momentum Concerns
(Bloomberg) -- Bitcoin declined for the seventh time in eight days, extending losses after President Joe Biden was said to propose almost doubling the capital-gains tax for the wealthy.The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. JPMorgan Chase & Co. and Tallbacken Capital Advisors LLC had recently warned there was potential for further downside after the largest cryptocurrency fell back from its record high of $64,870 on April 14 and took out key technical levels.“Bitcoin has slipped below the 50-day moving average support that it held sacrosanct through this rally,” said Pankaj Balani, CEO of Delta Exchange. “It looks like there is more downside here.”Read more: Wall Street Starts to See Weakness Emerge in Bitcoin ChartsTax concerns may be weighing, too. U.S. investors in the digital asset, which has advanced more than 70% this year despite its recent pullback, already face a capital gains tax if they sell the cryptocurrency after holding it for more than a year. But the coin’s been one of the best-performing assets in recent years -- anyone who bought a year ago is sitting on a nearly 575% gain. For investors who bought in April 2019, it’s roughly 800%.“One of the biggest things you have to worry about is that the things with the biggest gains are going to be most susceptible to selling,” said Matt Maley, chief market strategist for Miller Tabak + Co. “It doesn’t mean people will dump wholesale, dump 100% of their positions, but you have some people who have huge money in this and, therefore, a big jump in the capital gains tax, they’ll be leaving a lot of money on the table.”The IRS has stepped up enforcement of tax collection on crypto sales. The agency -- which began asking crypto users to disclose transactions on their 2019 individual tax returns -- asks taxpayers whether they “received, sold, sent, exchanged or otherwise acquired any financial interest in any digital currency.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
3h ago
FX Empire
Alphabet Could Hit New All-Time High on Strong Q1 Earnings; Target Price $2,461
Alphabet, the parent of Google, the world’s largest search engine that dominates internet search activity globally, is expected to report its first-quarter earnings of $15.54 per share, which represents year-over-year growth of over 57% from $9.87 per share seen in the same quarter a year ago.
14h ago
Benzinga
President Biden's Tax Proposal Targets Big Tech's $100B Overseas Profit: Bloomberg
President Joe Biden’s tax boost proposals under his infrastructure bill have targeted technology giants like Apple Inc (NASDAQ: AAPL) and Microsoft Corp (NASDAQ: MSFT), Amazon.Com Inc (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB), Intel Corp (NASDAQ: INTC) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), who had reported over $100 billion in non-U.S. profits in their last fiscal years, Bloomberg reports. The tech industry prefers to stash profits at low-tax offshore jurisdictions due to easier mobility of their main assets like software code, patents, and other intellectual property compared to factories and other physical assets. The addition of extra deductions and other benefits to Donald Trump’s 2017 tax plan diluted its attempt to recover taxes from overseas profits. However, Biden’s law will further intensify the country’s friction with the tech companies over misinformation and antitrust investigations. Amazon Chair, Jeff Bezos, has endorsed higher corporate taxes. Intel’s Pat Gelsinger panned Biden’s plan. Trump’s 2017 global intangible low-taxed income (Gilti) targeted non-U.S. profits from intangible assets. Biden plans to double the Gilti tax rate to 21% from 10.5% and restrict foreign tax credits. It could increase corporate tax bills by almost $300 billion over a decade, with most of the burden falling on the tech sector. Microsoft’s annual Gilti tax bill could more than double to $2 billion. Microsoft generated 86% of its foreign pretax income from Ireland and Puerto Rico operations in 2020, which have lower corporate tax rates than the U.S. The 2017 tax law also allowed a tax deduction for overseas intangible income (FDII) to encourage the companies to retain their intangible assets at home country. Google’s share of domestic income rose after it began licensing intellectual property in the U.S. in 2019. Facebook followed suit. However, Biden FDII’s annulment proposal would raise the tax bills of tech companies. Amazon claimed $500 million in total FDII deductions in 2018, 2019, and 2020. Biden also proposed a 15% minimum book tax on high-profit organizations that escape taxes via research and development, foreign credits, and stock-based compensation. Google, Amazon, and Apple’s tax bills would be higher by $847 million, $1.2 billion, and $3.8 billion, respectively, if Biden’s book tax existed in 2020. The Organization for Economic Cooperation and Development (OECD) also represents several countries outside the U.S. over similar tax concerns. The OECD sought to replace the digital services taxes to procure higher revenue from companies like Google and Facebook. However, Amazon is escaping on the pretext of its thin margins. See more from BenzingaClick here for options trades from BenzingaApple, Google Face Antitrust Charges At Senate Hearing: WSJDOJ Forms Task Force To Curb Ransomware Attack: WSJ© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
15h ago
IPO-Edge.com
Replay: “The Future of Security” with CEOs of Evolv Technology & NewHold Investment
Metal detectors and security checks may soon be a thing of the past. Evolv Technology, an AI security screening company, already uses its platform at amusement parks, concert halls and stadiums across the country to provide safety for large crowds. IPO Edge and The Palm Beach Hedge Fund Association hosted fireside chat with Evolv Technology and special […]
1d ago
Bloomberg
Sanjeev Gupta’s Father Has Moved From U.K. as Group Battles for Survival
(Bloomberg) -- Parduman Gupta, father of embattled metals tycoon Sanjeev Gupta, has moved out of the U.K., just as the pair’s GFG Alliance teeters on the brink following the collapse of its largest lender Greensill Capital.The senior Gupta has changed his country of usual residence from Britain to India, according to several filings made over the past few weeks at Companies House, the business registry. He owns Simec Group, the branch of the business empire which deals in renewable energy, shipping and mining, and was founded by the magnate as an export-and-import house in India.It’s not clear where Parduman Gupta is currently, but a spokesman for Companies House said that a company director must list their country of residence, and that this “should correspond with their usual residential address.” A spokesman for GFG Alliance, a loose grouping of companies owned by the father and son, declined to comment.Sanjeev Gupta has also been absent for several months from the U.K., where GFG owns numerous steel and aluminum plants and employs around 5,000 people. He said on recent podcasts for GFG employees that he left the U.K. for Dubai before Christmas, and hasn’t returned since.“Dubai is the perfect location for me and my family to operate out of for now,” Gupta said on a April 16 podcast, citing the city’s time zone.But he said that he was keen to be on the move again. “As soon as Covid travel restrictions in the U.K. and Australia and Europe are lifted I will definitely be trying to get in front of the customers and employees around the world.”‘Very Opaque’GFG last month asked the U.K. government for a 170 million-pound ($235 million) bailout, but the request was rebuffed. Business Secretary Kwasi Kwarteng told a parliamentary committee last week that it would be “very irresponsible” to give taxpayers’ money to the group, describing it as “very, very opaque” and having “liabilities that nobody seems to have got to the bottom of.”GFG has borrowed about $5 billion from Greensill, and is desperately seeking fresh financing, which Sanjeev Gupta is coordinating from Dubai.Some progress has been made. Three lenders are in talks to refinance one of his Australian steel mills, while a private equity firm has positioned itself to buy two of the group’s aluminum plants.Still, other parts of the business are facing difficulties. Three French units were put into voluntary administration last week, while other parts of GFG in France and Belgium have sought protection from their creditors.Gupta said on the April 16 podcast that some of his U.K. assets were “struggling at the moment with the lack of funding.” He called on GFG employees to be “brave,” but warned of “some difficult decisions” to come.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
16h ago
CoinDesk
Ethereum Gas Limit Hits 15M as ETH Price Soars
The Ethereum gas limit sets a ceiling for how many operations can be included in each block.
10h ago
Reuters
Asian shares shake off U.S. tax worries, cryptocurrencies plunge
SHANGHAI (Reuters) -A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible U.S. capital gains tax hike. The ECB's decision to leave policy on hold came despite its prediction of a strong rebound in the euro zone economy from mid-year as COVID-19 infections are brought under control. "There were a couple of subtle acknowledgements today that an upgrade to forecasts is likely coming at the June 10 meeting," said Ray Attrill, head of FX strategy at National Australia Bank.
4h ago
Reuters
CN Rail kicks off regulatory approval process for $30 billion Kansas bid
Canadian National had informed the STB, which oversees freight rail service and rates in the United States, that it plans to file an application, seeking permission to combine with Kansas City Southern, the company said. The notice commences a regulatory process should Kansas City Southern accept Canadian National's offer, it added. The company's offer trumps a $25 billion bid made by rival Canadian Pacific for Kansas City Southern in March.
2d ago
Bloomberg
Philippines Raises 2.1 Billion Euros in Three-Part Bond Sale
(Bloomberg) -- The Philippines returned to the euro bond market for the first time in more than a year on Wednesday, raising 2.1 billion euros ($2.5 billion).The nation tapped low interest rates in the euro bond market with a three-part note offering. Proceeds from the issuance will be used in part for the nation’s budget, as the Philippines tackles the economic fallout from the pandemic.The Philippines has the highest number of active coronavirus cases in Southeast Asia, and a recent surge in infections is overwhelming hospitals and dimming economic outlook. Philippines Finance Secretary Carlos Dominguez said earlier this month the government plans to sell dollar bonds too before interest rates rise. The latest borrowing came less than a month after the nation raised 55 billion yen ($509 million) in the Samurai bond market.The government sold 650 million euros of four-year notes at 75 basis points over mid swaps. See here for additional details.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
1d ago
CoinDesk
Turkish Crypto Exchange Goes Offline, CEO Missing
The report by government-controlled Anadolu Agency comes a week after the country’s central bank announced it was banning the use of crypto for payments.
18h ago
Bloomberg
Asia’s Richest Man Buys U.K.’s Iconic Stoke Park for $79 Million
(Bloomberg) -- Reliance Industries Ltd., controlled by Indian billionaire Mukesh Ambani, bought Stoke Park Ltd. for $79 million, adding an iconic locale that’s been the setting for two James Bond films to its portfolio of tourism properties.A wholly owned unit of Reliance Industries will buy Stoke Park, which owns and manages a hotel, sports and leisure facilities in Buckinghamshire, for 57 million pounds ($79 million), said an exchange filing late Thursday. The acquisition will add to Reliance’s consumer and hospitality assets, the filing said.The property’s rolling golf course has been famous since James Bond played a game with Auric Goldfinger there in the 1964 blockbuster. Since then, the estate with the Georgian-era mansion set in the midst of 300 acres of parkland has also been a backdrop in productions like “Bridget Jones’s Diary” and Netflix Inc.’s British Royal Family drama “The Crown”.In real life, its 49 luxury bedrooms and suites, 27-hole championshop golf course, 13 tennis courts and 14 acres of private gardens attracts wealthy tourists from across the world.The latest marquee acquisition for Ambani’s retail-to-refining conglomerate marks its pivot toward consumer offerings and yet another high-profile British brand purchase. Reliance bought struggling U.K.-based toy store chain Hamleys in 2019 and is seeking to revive it.Flush with $27 billion in fresh capital after selling stakes in Reliance’s retail and digital units last year, Ambani is helming a transformation as he seeks to build consumer services into a equal-sized pillar for Reliance Industries, paring dependence on profits from its traditional oil refining business. Acquiring marquee global brands underscores that strategy.Private GardensAlthough the Stoke Park estate has a recorded history of over 900 years, it was used as a private residence until 1908, according to its official website.Ambani has a net worth of $71.5 billion, making him the 13th richest person in the world, according to the Bloomberg Billionaires Index.The group “will look to enhance the sports and leisure facilities at this heritage site,” Reliance said in the filing. Ambani’s conglomerate has equity holding in EIH Ltd., which runs the chain of five star Oberoi Hotels.The U.K. is emerging as a real estate hotspot for wealthy Indians. Adar Poonawalla, chief executive officer of the Serum Institute of India Ltd. -- the largest vaccine manufacturer in the world -- agreed to rent a property in Mayfair for about 50,000 pounds ($69,300) a week, a record for the exclusive London neighborhood, Bloomberg reported last month.(Updates with details throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
1h ago
Reuters
Biden to float historic tax increase on investment gains for the rich
President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said. The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week.
5h ago
Reuters
CD Projekt plans dividend after Cyberpunk 2077 sales neared 14 million last year
GDANSK (Reuters) -Polish video games maker CD Projekt on Thursday said it had sold 13.7 million copies of its flagship Cyberpunk 2077 game last year despite a bug-ridden launch, and will pay a dividend of 5 zlotys per share after record high 2020 sales and profits. With a budget of 1.2 billion zlotys ($316.19 million), Cyberpunk 2077 was CD Projekt's most-anticipated game since 2015's "The Witcher 3: Wild Hunt" but it has been delisted from Sony's PlayStation Store since shortly after December's problematic launch. Once an investor darling, CD Projekt has lost about 50% of its market value since December amid the Cyberpunk problems and is now valued at around 17.4 billion zlotys.
13h ago
Reuters
Chanel loses European court fight in trademark dispute with Huawei
French luxury house Chanel on Wednesday lost its trademark fight with Huawei Technologies after a top European court said their logos bear no similarity to each other. The dispute dated to 2017 when Huawei sought approval from the EU Intellectual Property Office (EUIPO), a trademark body, to register its computer hardware trademark which has two vertical interlocking semi-circles. Privately owned Chanel objected, saying that the design was similar to its registered French logo of two horizontal interlocking semi-circles used for its perfumes, cosmetics, costume jewellery, leather goods and clothing.
2d ago
Yahoo Finance
Dimon: 'Guessing at market tops, market bottoms, that is a complete loser's game'
Dimon says a 'booming economy will justify today's prices.'
17h ago
Yahoo Finance
Chip supply shortage may hurt cigarette makers
Cigarette giant Philip Morris is keeping a close eye on whether the yawning semiconductor shortage will impact its fast-selling electronic heat-not-burn product called IQOS, which houses a microchip.
1d ago
Bloomberg
China Is Already Scooping Up U.S. Corn From the Next Harvest
(Bloomberg) -- China has already started buying U.S. corn from the harvest that farmers will start gathering in the fall, in the latest sign of tight global supplies.The Asian nation, the world’s largest commodity importer, bought American corn for shipment in the fourth quarter, according to people familiar with the matter who asked not to be identified because the deals are private. Crops for the fall harvest are currently just being planted and traders estimate sales to China were at least 1 million metric tons.Chicago corn futures rose by the most allowed by the exchange. The contract for July delivery surged as much as 25 cents, or 4.1%, to reach $6.315 a bushel, the highest for a most-active contract since 2013.China is rebuilding its hog herd faster than expected after a deadly pig disease shrunk animal numbers in the past few years. The rebound is fueling demand for corn to feed the animals. As the nation restores pork output with more modern agriculture practices, backyard farmers are being replaced by professional operations known as hog hotels, which usually feed more grains to pigs instead of table scraps. There’s also speculation China is stockpiling crops.U.S. exporters have already sold more than 20 million tons of corn to China for delivery this season, an all-time high, according to data from the U.S. Department of Agriculture. The agency hasn’t yet published data for any deals for next season, but it’s possible that some may have already been concluded and haven’t been reported.The surge in demand for U.S. supplies comes as dry conditions threaten crops in Brazil. The two nations are No. 1 and 2 for global corn shipments. While China doesn’t often buy large amounts from Brazil, the situation is still tightening the global supply picture. Importers typically turn to South America for supply during the next few months before the U.S. harvest starts in the fall.China is forecast to import 28 million tons from all countries in the 2020-2021 season, the USDA’s Being office said in a report this week. While purchases are expected to drop to 15 million tons the following year, it’s still double a quota set by the World Trade Organization that allows firms in China to import the grain at a lower duty rate.(Updates with rise in corn prices in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
11h ago
Bloomberg
A $6 Trillion Family Office World Fights Post-Archegos Crackdown
(Bloomberg) -- The implosion of Archegos is giving thousands of secretive family offices the greatest challenge to their privacy in a decade. They won’t give it up without a fight.Some lawmakers, regulators and consumer advocates are pushing to expose the inner workings of family offices, which are closely held and lightly regulated yet manage an estimated $6 trillion for the ultra-rich globally.The changes the reform advocates seek would require U.S. family offices to register as investment advisers and publicly report holdings on a quarterly basis, as most other types of investment firms must.Such data could alert regulators, investors and other Wall Street players to hidden risks, yet it could also reveal proprietary information to rivals.Those advocating greater regulation are optimistic that new Securities and Exchange Commission Chair Gary Gensler, who has a tough-on-Wall-Street reputation, will see things their way. “The rationale for the exemption of family offices is clearly indefensible now, and we think the SEC will change this quickly,” said Dennis Kelleher, CEO of advocacy group Better Markets.The SEC already is in the midst of a separate review to potentially increase what all investment firms, including family offices, must disclose about their holdings, Bloomberg has reported. The new disclosures could include firms’ derivatives positions and which stocks they are shorting.Family office representatives are pushing back. They say they’re preparing for their biggest lobbying effort since they successfully avoided inclusion in tough new regulations following the 2008 financial crisis. Their strategy: Insist that Archegos’s family-office setup was irrelevant to its implosion.“What Archegos did and the fact they got themselves in trouble had nothing to do with the family-office structure,” said Brian Reardon, a lobbyist for the Private Investor Coalition, which advocates for family offices in Washington.The late March meltdown of Archegos Capital Management LP, helmed by former hedge-fund manager Bill Hwang, touched off the lobbying skirmish. After being barred from the hedge fund industry for insider trading, Hwang started a family office in 2013 and eventually parlayed $200 million into about $20 billion in assets, using a highly leveraged portfolio concentrated in a handful of stocks.Earlier: God and Man Collide in Bill Hwang’s Dueling Lives on Wall StreetThe subsequent blowup revealed that neither regulators nor brokers had any idea how large Archegos’s positions had become.“The losses are bad,” said Andrew Park, senior policy analyst for Americans for Financial Reform. “But the biggest stunner is these losses all came from a firm that nobody was aware of until a few weeks ago.” His group has called on the SEC to examine whether the family office registration exemption is creating “regulatory blindspots.”The large-bank brokerages that had to unwind the Archegos positions, including Morgan Stanley, Nomura Holdings Inc. and Credit Suisse Group AG, lost billions of dollars, leading some bank executives to also call for increased scrutiny.“Frankly, the transparency and lack of disclosure relating to those institutions is just different from the hedge fund institutions. And that’s something I’m sure the SEC is going to be looking at,” said Morgan Stanley Chief Executive Officer James Gorman in an April 16 earnings call. “Better information is always good in rooting out where potential problems can be.”Reardon of the Private Investor Coalition said his group plans to speak with the SEC, the Commodity Futures Trading Commission and lawmakers to argue why some of the disclosures advocates have called for aren’t needed.Angelo Robles, founder of the Family Office Association, is also preparing for action. He said he plans to contact law firms and U.S. senators if regulators take an aggressive stance on family offices. “The fallout will likely be more regulation on swaps,” said Robles, whose Greenwich, Connecticut-based group has more than 200 members worldwide, referring to the type of derivative Archegos often used.The banks have said they can absorb the losses, but the shock that a little-known family office could have such an effect is serving as a rallying cry for Wall Street reform advocates.Kelleher of Better Markets said he’s already pressed his case with SEC staff, in part arguing that more public disclosure of family office sizes and positions could help prevent them from becoming a risk to the financial system.Lawmakers have also shown interest. Ohio Democrat Sherrod Brown, who leads the Senate Banking Committee, has asked Archegos’s brokers to disclose information about their family office dealings.Family offices serving a single family and with no outside clients generally don’t need to register with the SEC as investment advisers. The rationale for the exemption is that they only serve one wealthy client who doesn’t need the protections afforded to investors in other funds.In addition, offices with less than $100 million in assets or that manage funds only for one person can avoid regularly disclosing their holdings to the SEC.Offices that serve more family members must file their holdings with the SEC, but can ask for, and often receive, an exemption allowing them to keep the filing confidential.Even those reports, like those of hedge funds and mutual funds, usually only include direct ownership of stocks and not derivatives positions, like the total return swaps that led to Archegos’s downfall.Large banks brokered the stock swaps for Archegos for a fee. Such swaps allowed the firm to spend relatively small amounts -- it essentially used borrowed money to build a huge portfolio -- while keeping its ownership of individual stocks hidden.If the SEC moves to require all investment firms, including family offices, to disclose derivatives and short positions, that wouldn’t necessarily dent the privacy of family offices if they’re still able to file holdings confidentially with the SEC.The lack of disclosure has allowed some family offices to adopt similarly complex strategies without drawing scrutiny. Complying with fewer regulations, meantime, has helped lead a number of hedge fund managers to convert their firms into family offices.BlueCrest Capital Management, for example, returned money to investors in 2016 to focus on managing the wealth of its billionaire co-founder Michael Platt, his partners and employees. John Paulson said last year he’s converting his Paulson & Co. hedge fund into a family office, following a similar move by Leon Cooperman’s Omega Advisors.Family offices have proliferated this century, partly due to the boom in tech billionaires. More than 10,000 family offices globally manage the wealth of a single family, with at least half having started this century, according to EY.A 2019 estimate by researcher Campden Wealth valued family office assets at almost $6 trillion globally, larger than the entire hedge fund industry. Because most families tightly guard the extent of their wealth and very few public records are available to track their assets, the exact figure could be higher or lower.It’s rare for family offices to take on as much risk as Archegos. But hedge funds that convert to family offices are more likely to keep their trading strategies, which often employ leveraged bets that can have a broader market effect.Some family offices lately have also launched so-called blank-check firms -- shell companies whose purpose is to raise money from investors and eventually to acquire other companies.Part of the Private Investor Coalition’s plan is to tell regulators that they already have the tools they need to pinpoint threats to the financial system, Reardon said. The SEC is in the process of implementing a long-delayed rule that would require all funds, including family offices, to privately disclose some of their derivatives positions to the agency. In theory, that would have made it possible for the SEC to see what Archegos was doing.But requiring Archegos to register as an investment adviser wouldn’t have prevented the blow-up, said Reardon, whose coalition formed in 2009 to ensure the offices would be exempt from such registration.If regulators do crack down on family offices in the U.S., some might simply decide to leave the country.“In reality, the typical single family office is a small team of highly mobile individuals,” said Keith Johnston, chief executive officer of SFO Alliance, a London-based investment club for single-family offices. “There is the danger that if they consider themselves over-regulated they will simply move staff or headquarters to those jurisdictions where they are not.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
15h ago
BBC
Tata 'sues Liberty Steel over unpaid debts'
It claims Liberty owes debts from the acquisition of Tata's speciality steels business, a report says.
1d ago

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Global Software As A Service (SaaS) Market to Grow by almost $ 100 Billion| Increasing Use of Mobile Apps to Drive Market Through 2025 | Technavio

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