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To get a roundup of \u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT,<\/em> subscribe here<\/em>.<\/em><\/p>\n The discussion is on<\/em> in the newsroom as to whether folks are eager to pay between $8 and $20 per month for their blue checks on Twitter. Alex\u2019s take was particularly sharp\u2026 \u201cNot in the mood to finance your vanity project,\u201d indeed. \u2014 Christine<\/a> and Haje<\/a><\/p>\n TouchBistro, an iPad-based restaurant management platform, secured $110 million in growth financing from Francisco Partners to accelerate its growth, expand its product pipeline and make some strategic acquisitions, Christine<\/a> reports.<\/p>\n How\u2019s this for some dodgy rhymes:<\/p>\n Image Credits:<\/strong> Fancy\/Veer\/Corbis (opens in a new window)<\/span> \/ Getty Images<\/p>\n<\/div>\n The U.S. federal government has made R&D tax credits available for decades, but a major change set to take place this year will impact startups across the board.<\/p>\n Previously, R&D expenditures could be expensed up front, but now \u201cthose expenses will need to be amortized over 5 years in the case of domestic research, and 15 years for foreign research,\u201d according to tax attorney Andrew Leahey.<\/p>\n Because so many startups \u201cincur the bulk of their R&D costs in their first year of operation,\u201d many could wait \u201cthe equivalent of a lifetime\u201d to recover those expenses.<\/p>\n High inflation has stalled efforts to repeal the amortization requirement, so Leahey shares several tactics companies can use \u201cto prepare for the possibility of the rule coming into effect.\u201d<\/p>\n Three more from the TC+ team:<\/p>\n +<\/em> is our membership program that helps founders and startup teams get ahead of the pack.<\/em> You can sign up here<\/em>. Use code \u201cDC\u201d for a 15% discount on an annual subscription!<\/em><\/p>\n As always, we have all the Twitter news that\u2019s fit to post. We promise to keep it to a minimum today because there is other fantastic news to share. However, we do want to point out that Elon Musk likes to work out his thought process in tweet form now, so news is changing as the wind blows.<\/p>\n Here\u2019s what you need to know today: Musk continues to talk up his plans for Twitter Blue and ad-free news articles (both by Ivan<\/a>), while Amanda<\/a> reports on the company\u2019s chief customer officer Sarah Personette, who resigned today. The move is quite surprising, given that she tweeted positively about a conversation with Musk last week. Meanwhile, over at Mastodon, things are happening, Sarah<\/a> writes.<\/p>\n And we have five more for you:<\/p>\n<\/div>\nThe Top 3<\/h2>\n
Startups and VC<\/h2>\n
Prepare to amortize: Inflation may spell doom for R&D tax expensing<\/h2>\n
Big Tech Inc.<\/h2>\n