Uber filed a lawsuit to block New York City’s driver wage hike, the United Auto Workers won their vote on the first US electric vehicle battery plant, and bad software potentially cost US$2.4 trillion.
This is all the tech news that is trending right now. Welcome to trending hashtags. It’s Monday, December 12th and I’m your host, Sameera Balsara.
In November, New York City’s Taxi and Limousine Commission (TLC) voted to increase pay rates for Uber and Lyft drivers to account for inflation and increased operating costs. according to a report by EngadgetThese new rates were supposed to go into effect on December 19, although Uber has now sued the commission to block the new rates from taking effect. Uber said in its lawsuit that it would have to spend an additional $21 million to $23 million per month if the new rates go into effect. Uber said it would not be able to recover those costs without raising its fares. Drivers’ per-minute rates are increasing by 7.18 percent and per-mile rates by 16.11 percent under the new rules. Now, for a 7.5-mile trip that takes 30 minutes, a driver would earn at least $27.15, which is $2.50 more than current rates.
The United Auto Workers (UAW) union won elections at General Motors Co. and LG Energy Solutions Ltd.’s electric-car battery plant in Ohio, giving the union its first victory at that type of factory. Workers at Ultimate Sails LLC voted in favor of union representation by a vote of 710 to 16. The plant will make battery cells for electric vehicles such as the Hummer electric pickup. The union plans to organize workers in future plants that are being built across the US to support automakers switching to zero-emissions vehicles. There is a need to organize factories to make EV components as there is a growing demand for automakers to replace internal combustion engines with zero-emission vehicles. Ultium employees are currently earning $15.50 or $16.50 an hour. The victory allows the UAW to negotiate a labor contract that pushes toward a $32-per-hour rate for workers at GM’s wholly-owned auto-assembly plants. according to a report by BloombergWorkers who were interviewed last week said they expect to earn at least $24 an hour if the union organizes the plant.
Software quality issues could cost the United States economy $2.41 trillion this year. According to Synopsis Inc ‘The Cost of Poor Software Quality in the US: A 2022 Report’, The cost of poor software quality in the US—including cyberattacks caused by existing vulnerabilities and complex issues associated with the software supply chain—led a build-up There is a lack of historical software. Highlights of the report include cybercrime losses due to the increasing number of software vulnerabilities. The deficit grew 64 percent from 2020 to 2021 and is on track for a further increase of 42 percent from 2021 to 2022. The volume and cost of cybercrime incidents has been rising for more than a decade, and now amounts to the world’s third largest economy after the US and China.,
samsung canada Teaming up again with the SickKids Foundation for its annual Sweater Love fundraising campaign. This is the third year in a row that Samsung is supporting the campaign as a matching gift partner, matching donations made by the public up to a maximum of $100,000 by midnight on December 24. Canadian actor Ryan Reynolds is also joining the fundraising campaign for the SickKids Foundation. Reynolds also enlisted the support of Canadian actor Seth Rogen to draw attention to the cause. Throughout the campaign, Samsung will also donate $1 for every purchase made online on Samsung.com, up to a maximum of $10,000. To donate to SickKids Foundation, you can visit the “Help Ryan Help SickKids” page.
This is all the tech news that is trending right now. Hashtag Trending is a part of the ITWC Podcast Network. Add us to your Alexa Flash Briefing or your Google Home Daily Briefing. Be sure to sign up for our Daily IT Wire Newsletter to get important news straight to your inbox every day. Plus, check out the next episode of Hashtag Tendence, our weekly hashtag trending episode in French, which drops every Thursday morning. If you have any suggestion or tip, drop us a line in the comments or via email. Thanks for listening, I’m Sameera Balsara.