tyBit Creates Foundation For Education; New Beta Released - tyBit Inc. CEO, Clarence Briggs briefed Senators Elizabeth Dole and Richard Burr about the formation of the Briggs-tyBit Charitable Foundation Inc: CEO, Clarence Briggs, recently returned from Washington, DC after briefing Senators Elizabeth Dole and Richard Burr about the formation of the Briggs-tyBit Charitable Foundation Inc. The mission of the foundation is to decrease the dropout rate and increase academic performance by using income generated by the search engine usage activities of its subscriber base. The Briggs-tyBit Foundation will receive 30 to 40% of tyBit’s gross revenues to fund the foundation. Briggs stated that later this year, they will meet with NC state educators and elected officials to unveil the proposal in detail.
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