Any 23andMe Buyer Must Maintain Privacy Policies
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Federal Trade Commission Chairman Andrew Ferguson said he's keeping an eye on 23andMe's bankruptcy proceeding and the company's planned sale because of privacy concerns related to genetic testing data...
From Ars Technica
23andMe declared bankruptcy, raising concerns about data for millions of customers.
From Yahoo
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Me might have filed for bankruptcy, but the transformation it brought to health care over nearly two decades is irreversible,” writes @michaelmina_lab.
Genetic testing company 23andMe has filed for bankruptcy after struggling with financial difficulties and strategic missteps. As the company prepares for a sale, concerns are growing over what will happen to the personal genetic data of its 15 million users.
Genetic testing company 23andMe said it has begun bankruptcy proceedings, seeking to maximize value through a court-supervised sale process.
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23andMe bankruptcy update: Stock falls to penny territory as California urges customers to delete their dataReached for comment about Bonta’s statement, 23andMe referred Fast Company to its open letter to customers, in which it insists customer data is safe. The company says the bankruptcy process will have no impact on how it stores, manages, or protects data.
If you were ever told or ever thought that giving your genetic data to a company like 23andMe is a bad idea, the company recently filing for bankruptcy is
At the end of the day, it seems that 23andMe’s downfall wasn’t just caused by the 2023 hack, but by its own irrelevancy. As Gizmodo has already noted, the company has repeatedly tried to pivot to new sources of sustainable revenue,
A Strategic Move? The Chapter 11 filing indicates that 23andMe will enter a court-supervised sale or auction of its assets. Mark Jensen, a board member, has stated that this is the "best path forward to maximize the value of the business.
Me, once a leader in genetic testing, has filed for Chapter 11 bankruptcy and is actively seeking a buyer after its stock fell to $1.79 per share from a peak of over $300. CEO Anne Wojcicki has stepped down,
Social media strategist Scott Kleinberg joins Bob Sirott to talk about ’23andMe’ filing for bankruptcy, and its impact on users. Scott shares helpful tips on how to navigate the
Since genetics testing firm 23andMe filed for Chapter 11 bankruptcy protection and said it would seek to sell its assets, consumer advocates have voiced co