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dot com code tech news here's your daily crunch coming up Google

Chrome gains AI features.

But first, Vroom is shutting down its online used car marketplace and shifting all of its

resources and capital into two business units focused on auto financing and AI powered analytics.

About 800 employees or 90% of its workforce will lose their jobs as a result

according to a regulatory filing.

The company said it is suspending all used car transactions through Vroom.com and plans to sell

off its used vehicle inventory to wholesalers.

The company said it has not determined how much this wind down

will cost partly because of uncertainty on what its used vehicle inventory

will sell for according to the regulatory filing. Vroom which which went public in 2020, said it now plans to concentrate on two other businesses

it owns and operates, United Auto Credit Corporation, UACC, and Car Story. Vroom was part of a wave of U.S. startups that launched about a decade ago,

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