Intuit Buys Credit Karma

Episode 1674 (06:41)

Intuit

Intuit has bought credit reporting app Credit Karma for $7 Billion. Leo says that Intuit isn't really buying the app: they don't care. What they are buying is your personal credit data, which Intuit says is worth about $70 a head. Leo thinks that a person should be able to opt-out or at least get some value from their own personal data.