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   CONSPRCY      How big is your tinfoil hat?      2,445 messages   

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   Message 928 of 2,445   
   Mike Powell to All   
   23andMe bankrupt, DNA sal   
   25 Mar 25 08:56:00   
   
   TZUTC: -0500   
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   BBSID: CAPCITY2   
   CHRS: ASCII 1   
   23andMe is bankrupt and about to sell your DNA, here's how to stop that from   
   happening   
      
   Date:   
   Mon, 24 Mar 2025 16:18:15 +0000   
      
   Description:   
   The company has filed for bankruptcy   
      
   FULL STORY   
   ======================================================================   
    - 23andMe has filed for bankruptcy   
    - It means the company and all of its data is up for sale   
    - Unfortunately, that could include your personal information and your   
   DNA, but there's action you can take right now    
      
    23andMe  which oversaw a viral surge in DNA testing a couple of years ago    
   and was once worth over $6bn  has filed for bankruptcy, and if you've ever   
   used the service your data could be on the table.    
      
   The company announced on March 23 that it has initiated voluntary Chapter 11   
   proceedings in the US Bankruptcy Court "to facilitate a sale process to   
   maximize the value of its business."    
      
   The company said, "After a thorough evaluation of strategic alternatives, we   
   have determined that a court-supervised sale process is the best path forward   
   to maximize the value of the business."    
      
   The company is seeking to sell "substantially all of its assets," and it's    
   bad news for customers who have ever used the service.    
      
   As The Telegraph reports, 23andMe was once worth $6 billion but has seen   
   revenue slump in recent years, reflecting a fall in the popularity of DNA   
   testing. Now, with all of its assets on the chopping block, customer DNA data   
   submitted to the company as part of its testing process could be up for sale.    
      
   As the report notes, 23andMe's privacy statement, which all customers must   
   accept to use the service, contains provisions that it may sell your personal   
   information if it is ever involved in bankruptcy proceedings.   
      
    California's Attorney General recently issued an urgent customer alert,   
   outlining some of the actions customers can take to protect their data before   
   23andMe sells it off to the highest bidder.    
      
   Customers can delete their account and personal information on 23andMe's   
   website, specifically in the Settings section of their profile.    
      
   Before you do, you can also download a copy of your data for your personal   
   storage, before selecting "Delete Data" in the 23andMe Data section .    
      
   If you've previously opted to have your saliva and DNA stored by 23andMe, you   
   can also change this preference and get it destroyed by the company in the   
   Preferences section.    
      
   Finally, you can also revoke your permission for your genetic data to be used   
   for research in the Research and Product Consents section of the account   
   settings page.    
      
   Alternatively, simply deleting your account should ensure your personal data,   
   genetic data included, gets deleted.    
      
   These are primarily targeted at California consumers but everyone who has    
   ever used 23andMe can access these settings and should be able to carry out    
   at least some of the steps to protect their data.    
      
   Alongside the bankruptcy proceedings, 23andMe announced that CEO Anne    
   Wojcicki is resigning her role with immediate effect.   
      
   ======================================================================   
   Link to news story:   
   https://www.techradar.com/health-fitness/23andme-is-bankrupt-and-about-to-sell   
   -your-dna-heres-how-to-stop-that-from-happening   
      
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