If Harris takes the baton, Shapiro could be No. 2

Joe Biden ended his reelection campaign and endorsed VP Kamala Harris. If she gets the Democratic party’s nomination, Pennsylvania Gov. Josh Shapiro could be selected as her running mate.

The name of our governor has been in this conversation for a while, even before Biden dropped out: A Harris-Shapiro ticket was one of the choices in a poll last week and it beat a Trump-Vance ticket by one percentage point.

➡️ What happens next as Dems move to nominate a new candidate

Why Benefits Data Trust fell apart

With a $30M annual budget, a healthy-looking audit and government contracts across seven states, Benefits Data Trust shocked the nonprofit world by announcing it would shut down. But the news wasn’t that surprising to insiders, several staffers and former leadership told Technical.ly.

Simply put, the nonprofit was spending more money than it brought in; one source said expenses were 2x revenue. Whose fault was it? That’s the key question — and still a matter of debate.

➡️ Read Chris’ report for all the details about why BDT failed

News Incubator: What else to know today

• An update from cybersecurity company Crowdstrike impacted technology all over the globe. Here’s a look at how the outage affected orgs across the Mid-Atlantic. [Technical.ly]

• The Philadelphia Chamber of Commerce released a statement reacting to this year’s Pennsylvania budget, expressing concern about SEPTA receiving less than $60 million in state funding. [Chamber of Commerce]

• AI-based biotech company Proscia was included in a recent Emerging Company Spotlight Report from KLAS Research. [Technical.ly/Proscia]

• Pennsylvania Biotechnology Center chose HULA Therapeutics to win $250,000 from its annual Entrepreneur Spotlight. [PABC]

🗓️ On the Calendar

• Out in Tech Philly is hosting a game night at Thirsty Dice on July 23 [Buy tickets]

• Want to meet some fabulous women in tech? Ladies that UX Philadelphia is hosting its July book club meeting on July 24. [More details]