23andMe’s DNA Drama: Bankruptcy, Data Breach, and a CEO’s Bold Bid
California Attorney General Rob Bonta reminds 23andMe customers they can delete their genetic data under California’s Genetic Information Privacy Act. The warning comes as the struggling biotech firm faces bankruptcy and a data breach scandal that exposed 6.9 million users’ genetic data. It’s a DNA drama worthy of a soap opera!
Hot Take:
So, 23andMe is in hot water, but don’t worry Californians, your DNA rights are still safe and sound! While the company’s finances are a genetic disaster, at least you have the option to delete your genetic history like a bad Tinder date. But let’s be real, who wouldn’t want to keep the DNA secrets of their ancestors locked away forever?
Key Points:
- California’s AG reminds 23andMe customers of their rights under the Genetic Information Privacy Act (GIPA) and California Consumer Protection Act (CCPA).
- 23andMe files for Chapter 11 bankruptcy amid financial troubles.
- CEO Anne Wojcicki resigns, planning to bid for the company.
- Company faced a $30m settlement for a major data breach affecting 6.9 million users.
- 23andMe’s current valuation drops to $48.56 million.
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