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Amazon expands music catalog from 2M to 100M songs for Prime subscribers • TechCrunch

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The dialogue is on within the newsroom as as to if people are desirous to pay between $8 and $20 per 30 days for his or her blue checks on Twitter. Alex’s take was notably sharp… “Not within the temper to finance your self-importance challenge,” certainly. — Christine and Haje

The TechCrunch Prime 3

Startups and VC

TouchBistro, an iPad-based restaurant administration platform, secured $110 million in development financing from Francisco Companions to speed up its development, broaden its product pipeline and make some strategic acquisitions, Christine stories.

How’s this for some dodgy rhymes:

Put together to amortize: Inflation might spell doom for R&D tax expensing

Picture Credit: Fancy/Veer/Corbis (opens in a brand new window) / Getty Photos

The U.S. federal authorities has made R&D tax credit accessible for many years, however a significant change set to happen this yr will influence startups throughout the board.

Beforehand, R&D expenditures could possibly be expensed up entrance, however now “these bills will have to be amortized over 5 years within the case of home analysis, and 15 years for overseas analysis,” in accordance with tax lawyer Andrew Leahey.

As a result of so many startups “incur the majority of their R&D prices of their first yr of operation,” many may wait “the equal of a lifetime” to get well these bills.

Excessive inflation has stalled efforts to repeal the amortization requirement, so Leahey shares a number of ways corporations can use “to arrange for the potential of the rule coming into impact.”

Three extra from the TC+ workforce:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You possibly can enroll right here. Use code “DC” for a 15% low cost on an annual subscription!

Large Tech Inc.

As all the time, we’ve got all of the Twitter information that’s match to submit. We promise to maintain it to a minimal in the present day as a result of there’s different improbable information to share. Nonetheless, we do need to level out that Elon Musk likes to work out his thought course of in tweet type now, so information is altering because the wind blows.

Right here’s what you want to know in the present day: Musk continues to speak up his plans for Twitter Blue and ad-free information articles (each by Ivan), whereas Amanda stories on the corporate’s chief buyer officer Sarah Personette, who resigned in the present day. The transfer is kind of shocking, provided that she tweeted positively a couple of dialog with Musk final week. In the meantime, over at Mastodon, issues are occurring, Sarah writes.

And we’ve got 5 extra for you:

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