TNB Tech Minute: DoorDash Settles NYC Investigation Into Minimum-Pay Law Compliance

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WSJ Tech News Briefing 3 min 2 speakers 6 chapters transcribed just now
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What is the main topic discussed in this episode?

Unknown 0:00
This episode is sponsored by NYU Langone Health. I think the data serves as really the nervous system for the health system. It allows us to see how we're doing, it allows us to see variation, it allows us to learn across the health system and then to figure out what interventions we should.
Amit Verma 0:17
That's Dr. Il Sung Cho, Chief Quality Officer for NYU Langone Health. At the break, hear more from him about how the health system is harnessing emerging tech to improve patient safety and outcomes.
Julie Chang 0:31
Here's your afternoon, TNB Tech Minute, for Tuesday, September twenty second. I'm Julie Chang for the Wall Street Journal.

How much did DoorDash agree to pay to settle New York City's minimum‑pay investigation?

Julie Chang 0:39
DoorDash will pay $131.5 million to settle a New York City investigation into its compliance with pay laws for food delivery workers. Under the agreement, delivery drivers will receive $115 million, comprising $12.3 million for underpaid or late wages, and $83 million to resolve a dispute over pay calculation methods. Meanwhile, sixteen point seven million dollars will go to the city in fines. The settlement resolves the year long investigation without litigation. Plus, as part of the settlement, Doordash will appoint a compliance officer.

Why did President Trump reject international regulation of AI at the UN?

Julie Chang 1:17
President Trump rejected the idea of international AI regulation during his UN speech today, pledging to encourage rather than restrict its growth.
Donald J. Trump 1:27
The United States also totally rejects any attempt to construct a globalist scheme to control for the artificial intelligence being spoken of so much now.
Julie Chang 1:39
The president's comments rebuked growing international calls for AI guardrails. Ahead of Trump's speech, UN Secretary General Antonio Guterres advocated for a global framework to manage AI risks, and the UN has begun discussions with governments and tech companies on AI governance, but Trump has increasingly made winning the global AI race against China a priority. And Binance, the largest crypto exchange, has made a $100 million investment in Circle Internet Group as part of a partnership to promote Circle's flagship USDC stablecoin in emerging markets.

What does Binance’s $100 million investment in Circle mean for the USDC stablecoin?

Julie Chang 2:14
Binance plans to integrate USDC into its savings and investment products and offer lower spot trading fees on USDC pairs. Circle's USDC is the second largest stable coin with a 75%. billion dollar market cap. And that's it for your TMB tech minutes. We'll have another quick tech update in the morning.

How is NYU Langone Health using emerging technology to improve patient safety and outcomes?

Amit Verma 2:34
NYU Langon Health focuses not just on recognizing technical advancements, but also on applying them thoughtfully. Dr. Il-sung cho shares how the hospital system deploys innovation while keeping the human at the heart of each use case.
Unknown 2:48
I'm excited for how technology can continue to help us improve care. Ultimately, the fundamental question is still: does it help mom, dad, my best friend who's in the hospital then?

What are the key takeaways from today’s TNB Tech Minute?

Unknown 3:01
I think with any technological revolution in healthcare, there's always been a concern of what it may displace. And I think if you take a step back, it is recognizing what that tool is good at and letting the tool take care of the things that it's good at. But that then frees up a doctor or a nurse to do
Amit Verma 3:21
The things that humans are good at. To learn more about healthcare innovation at NYU Langone Health, please visit nyulangone.org.

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