23andMe, genetic
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Rep. Gill grilled 23andMe's co-founder Anne Wojcicki during a House hearing where she revealed that she did not understand some of the terms her own company used.
During a hearing on the privacy implications of 23andMe selling its business, its interim CEO says 1.9 million people, or about 15% of its user base, have asked to have their DNA data deleted.
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KOIN on MSN‘Deeply private’: Oregon AG challenges potential sale of 23andMe users’ personal dataOregon Attorney General Dan Rayfield said the data is "too sensitive" to be sold without users' informed consent.
The founder of 23andMe, Anne Wojcicki, has asked a federal bankruptcy court judge to reopen an auction for the genetic testing company, saying she has the financial backing of a Fortune 500 company with a current market capitalization of more than $400 billion.
The future of the genetic data owned by 23andMe is uncertain as the company undergoes a court-supervised sale.
The move marks a turning point in 23andMe’s tumultuous decline. Founded in 2006 by Wojcicki, the company initially gained traction with its saliva-based ancestry kits and went public in 2021. By the end of that year, its valuation peaked at $6 billion.
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Investor's Business Daily on MSN23andMe Angles For A Bigger Regeneron Bid As Ex-CEO Steps Up With A Better OfferMe wants to reopen bidding on its assets after former CEO Anne Wojcicki put together a $305 million offer, topping Regeneron.