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Thu
27
Mar
John Lister's picture

23andMe Files for Bankruptcy: What Happens to Your DNA?

by John Lister on March, 27 2025 at 11:03AM EDT

Genetic testing company 23andMe has filed for bankruptcy protection, leaving millions of customers questioning the fate of their sensitive DNA data. The firm, once valued at almost $6 billion, faces lawsuits and regulatory scrutiny over privacy ... breaches as experts warn users to secure their genetic information. (Source: reuters.com ) From Boom to Bust: The 23andMe Bankruptcy 23andMe filed for Chapter 11 bankruptcy on March 23, a legal process that lets companies restructure debts while attempting to stay operational and potentially find a buyer. CEO and co-founder Anne Wojcicki is stepping ... (view more)

Tue
23
Jun
Dennis Faas's picture

Guilty: Woman Fined $1.92M for Music File Sharing

by John Lister on June, 23 2009 at 08:06AM EDT

Legal experts believe a $1.92 million fine imposed on a Minnesota woman for illegally sharing copyrighted music files could prompt a change in the law. Even if Jammie Thomas-Rasset fails in a potential constitutional challenge, anger over the size ... of the fine may force Congress to rewrite the rules. Double Whammy: Fine Skyrockets from $222,000 to $1,920,000 Thomas-Rasset was originally found to have broken copyright laws in 2007 after a court heard she had shared more than a thousand songs on the Kazaa file sharing network, though only 24 were officially cited in the case. A jury ordered her ... (view more)

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