ServiceTitan, a software company for contractors like plumbers and roofers, filed for an IPO on the Nasdaq under “TTAN,” indicating growing investor interest in next-gen software firms. With a $35.7 million net loss on $193 million in revenue in the last quarter, the Glendale-based company’s growth rate of 24% year over year sets it apart in the cloud stock market. Competitors include Salesforce and SAP, with underwriters for the IPO including Goldman Sachs and Morgan Stanley.
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Olympic Council of Asia says Saudi Winter Games ‘on schedule’
The Olympic Council of Asia (OCA) reports that preparations for the 2029 Asian Winter Games in Saudi Arabia are "on schedule," despite concerns over the timely construction of a ski resort in NEOM. South Korea and China are being considered as potential replacements, but the OCA remains optimistic about Saudi Arabia's ambitious plans for a new winter sports destination. Want More Context? 🔎
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