Legislators seeking to rewrite tax code visit Philadelphia [Newsworks] “Overall the goal is to reduce the number of special tax deductions and lower the overall tax rate paid by everyone. But the details—which exemptions mights stay or go—are still a work in progress. Even as he decried the spread of targeted tax breaks, [Sen. Max] Baucus [of Montana] said he’d like to see some incentives maintained for small businesses.”
Boomi co-founder looking to start new firm in same space [Philadelphia Business Journal] ““My plan, I guess, is to start something from scratch like I did with Boomi in Philadelphia again and hope to only make new mistakes this time,” [Boomi cofounder Rick] Nucci told me in a phone interview Thursday.”
Which law firms have the most Twitter followers? [Philadelphia Business Journal] “‘Law firms are uncomfortable with Twitter and rightfully so,’ said Gina Rubel of FuriaRubel Communications, who often advises law firms and other businesses on social media policy. ‘Twitter is about back and forth conversation and public dialogue. And that can be used against you. The concerns are not just limited to revealing client information… You don’t want to give legal advice, solicit business, speak about ongoing cases, communicate with judges or jurors. There’s a lot of risk involved.'”
Obama Budget Threatens Popular STEM Education Initiatives [Scientific American] “The Obama administration’s fiscal year 2014 budget lays out a sweeping restructuring intended to consolidate STEM education in the U.S. into three agencies—the Department of Education, the National Science Foundation and the Smithsonian Institution—and to cut down on the inefficiency of overlapping initiatives. Funding overall for STEM programs is actually slated to increase by 6 percent, to $3 billion, under the proposal. But support for popular educational initiatives from the National Institutes of Health (NIH), along with those from NASA and the National Oceanic and Atmospheric Administration, appears to have been lost in the consolidation shuffle.”
Uber Looking To Raise An Uber Round Of Funding Led By TPG, At A $3.5B Valuation [TechCrunch]
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
How one-click job listings overtook the process — and slowed down tech hiring
Every startup community wants ‘storytelling.’ Too few are doing anything about it.
EDA director’s advice for Philly to land federal Tech Hubs funding: Make the pitch ‘crisper’
