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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       MSGID: 648.consprcy@1:2320/105 2c47f1dc       PID: Synchronet 3.20a-Linux master/acc19483f Apr 26 202 GCC 12.2.0       TID: SBBSecho 3.20-Linux master/acc19483f Apr 26 2024 23:04 GCC 12.2.0       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              $$       --- SBBSecho 3.20-Linux        * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)       SEEN-BY: 105/81 106/201 128/187 129/305 153/7715 154/110 218/700 226/30       SEEN-BY: 227/114 229/110 111 114 206 300 307 317 400 426 428 470 664       SEEN-BY: 229/700 705 266/512 291/111 320/219 322/757 342/200 396/45       SEEN-BY: 460/58 712/848 902/26 2320/0 105 3634/12 5075/35       PATH: 2320/105 229/426           |
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