The once-thriving consumer genetic-testing company 23andMe is struggling to stay afloat — raising concerns about what might happen to its customers’ data and the broader industry.
The decline marks a fall from grace for a pioneering company once valued at US$6 billion. Over the past few years, the firm has faced mounting challenges, including financial losses and a huge data breach, although this did not involve DNA data. In September, most of the company’s board resigned, and in November the firm said it would cut 40% of its workforce and halt its therapeutics division, which had drugs in clinical trials.
Yeah, that’s the number one thing for me, period. It sounds interesting to do a genetic profile and find out where I come from even though I already have my genealogy for eight generations back. (Native, we keep a roll)
But that being said, I don’t want my genetic information being sold to other people for no fucking reason other than they can.
If I am paying for a service, I should own the data generated by that service.
Short of that, you are not getting my money.