A private equity firm bought Quicken from Intuit and promises to update it. Quicken is 33 years old, and balancing checkbooks is one of the first things people did with their computers. Intuit had been trying to sell the Quicken division since August. Quickbooks and Turbotax are more profitable because they have cloud services as well. But the Quicken desktop app hasn't been doing as well for Intuit.
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