23andMe, DNA data
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Me, a standard-bearer for the at-home health movement, announced on March 23 that it has filed for Chapter 11 bankruptcy to facilitate a sale, prompting many of its 15 million customers to wonder: Wha...
From CNN
The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans' personal information by 23andMe ancestry testing company that recently filed for bankruptcy, the agen...
From Reuters
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Just months after it started trading on the Nasdaq in June 2021, the company was valued as high as $5.8 billion. As of Friday, the firm’s shares were worth less than a dollar.
Maryland's Attorney General advises deleting 23andMe accounts as bankruptcy raises concerns about the future of consumers' sensitive genetic data.
Following the firm’s bankruptcy, researchers hope that they will be able to continue accessing the valuable data set even if it is sold to new owners.
“Good Morning America” anchor Whit Johnson revealed that his 23andMe test was a “missing link” that led to a “bombshell” discovery for his family after the company filed for bankruptcy — sparking concerns about the personal data of its millions of customers.
Would you trust a company with your most personal data — your DNA — if it was on the brink of collapse? Millions of 23andMe customers are now facing that unsettling reality as the genetic testing company faces an uncertain future.
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23andMe plans to sell substantially all of its assets through a court-supervised process. California Attorney General Rob Bonta issued a consumer alert, reminding customers of their right to ...
The bankruptcy underscores the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations.