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

0:00Why can't we get AI to production? Our competitors are already, how do we keep data secure? AWS AI cuts through the noise. With ready-to-use agents and the broadest set of AI tools, stop overthinking, start building. AWS AI is how. Here's your afternoon TNB Tech Minute for Tuesday, September 22nd. I'm Julie Chang for The Wall Street Journal. 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.

0:48Meanwhile,$16.7 million 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. President Trump rejected the idea of international AI regulation during his UN speech today, pledging to encourage rather than restrict its growth. 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. 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.

1:41But 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. 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 stablecoin with a$75 billion market cap. And that's it for your TNB Tech Minutes. We'll have another quick tech update in the morning. Why can't we get AI to production?

2:20Our competitors are all ready. How do we keep data secure? AWS AI cuts through the noise. With ready-to-use agents and the broadest set of AI tools, stop overthinking, start building. AWS AI is how.