The genetic-testing company 23andMe is facing financial difficulties, raising concerns about the privacy and security of its customers' DNA data.
The future of the genetic-testing company 23AndMe is getting financially rocky, and that could be a concern for the millions of customers who've submitted their DNA for testing.In nearly 20 years, 15 million people have spit into a test-tube, sent it to 23AndMe so that DNA could map-out their ancestry. It's fun information to look at, but the company has never been profitable and is now, reportedly, in danger of bankruptcy which, potentially, means it could be for sale.
In published statements, 23AndMe says company leadership is not considering any third party takeover proposals, but cyber experts say there is real value to anyone who could put together a legitimate offer for 23AndMe's treasure chest of information.
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