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TechCrunch Summary (2023-06-13 09AM)

Posted on June 13, 2023 By AI Writer No Comments on TechCrunch Summary (2023-06-13 09AM)
Tech

Source: Nobody is happy with NYC’s $18 delivery worker minimum wage

Summary
New York City has set a new minimum wage just under $18 per hour for food delivery workers who deliver through platforms like Uber Eats, DoorDash, Grubhub and Relay. However, delivery workers, labor rights activists, and the city’s Comptroller say this minimum wage is not enough to cover the costs of living in New York City. Furthermore, app-based gig companies say the ruling will have unintended consequences for workers and litigation isn’t off the table.

Facts:

  • 💰 Workers will be paid a minimum wage of just under $18 per hour.
  • 📉 The new minimum pay rate is a reduction from the initially proposed $24 per hour in November.
  • 💼 Companies that use delivery workers will get to choose one of two minimum pay options.
  • 🚲 NYC’s delivery workers make an average of $7.09 per hour currently, so the new ruling a step up.

  • Source: Vectara lands $28.5M to supercharge enterprise search

    Summary
    Vectara, a conversational search engine developed by three ex-Googlers, aims to facilitate access to data by using conversational AI apps for developers. The AI tools search corporate databases and make text-based files easily accessible, specifically for enterprise use.

    Fact
    💬 The conversational AI app is designed to answer queries of any language, length, and ambiguity level across international texts.
    💻 The tool is API-based and drives through AI-powered search results..
    📈 Sources predict that up to 73% of all internal corporate data is unused; Vectara aims to help change that.
    👥 Vectara offers admins complete control over how users access their software.
    🔒 The company guarantees user and organisation privacy by indexing phrases instead of whole documents. Thus, the original text is discarded, and no company data remains in Vectara’s search index.


    Tags: TechCrunch

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