Saturday, October 2, 2021

Online used-car dealers like Shift, Vroom, and Carvana have seen record sales over the past year, as the pandemic and chip shortages upended the US auto market (Kyle Stock/Bloomberg)

Kyle Stock / Bloomberg:
Online used-car dealers like Shift, Vroom, and Carvana have seen record sales over the past year, as the pandemic and chip shortages upended the US auto market  —  In December, David Tvaltchrelidze bought a 2016 Mazda Miata for $16,450 from Shift Technologies Inc., one of a crop …



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CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks (Paige Smith/Bloomberg)

Paige Smith / Bloomberg : CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating ...