Tag: house of representatives

Congressional bill would improve startup valuations

Late last week, Congress moved one step closer to passing the American Innovation Act of 2018, a bill that would make accounting and tax changes that would likely increase the valuation of startups in an acquisition. The House Ways and Means committee approved a bill containing text that would improve the treatment of Net Operating Losses (NOLs) for start-ups. While many

Dems and GOP unite, slamming Facebook for allowing violent Pages

In a rare moment of agreement, members of the House Judiciary Committee from both major political parties agreed that Facebook needed to take down Pages that bullied shooting survivors or called for more violence. The hearing regarding social media filtering practices saw policy staffers from Facebook, Google, and Twitter answering

No, Zuckerberg can’t lie to Congress just because he’s not under oath

While the press and public may have been denied a dramatic raise-your-right-hand moment in Congress this week, Facebook’s chief executive is still under legal obligation to tell the truth. If it feels like Zuckerberg is bending the truth, know that making a false statement to Congress might be difficult to