Newsletter

Philly daily roundup: BDT staffers talk nonprofit collapse; Shapiro for VP?; Chamber presses for SEPTA funding

Plus, a roundup of how the Crowdstrike outage affected local services.

Technical.ly reporter Sarah Huffman poses in front of a LOVE sculpture at the Minneapolis Sculpture Garden (Courtesy Hannah Gross)

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]

Sarah Huffman is a 2022-2024 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Lenfest Institute for Journalism.

Welcome to the daily roundup of the latest from Philly's tech and entrepreneurship scene. Want this in your inbox? Subscribe for free.

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.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

16 places to responsibly dispose of old electronics in Philadelphia

An interactive timeline of Philly’s tech ecosystem in 2024

How 5 orgs help local businesses achieve success

Expect high-speed internet at 100 Philly rec centers in 2025, Verizon says

Technically Media