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Despite operating for nearly two decades without profit, 23andMe went public in 2021 and reached a $6 billion valuation. The company's stocks were priced at $11.13 a share, but they've fallen ...
A class action lawsuit, resignations, layoffs, and other problems have plagued 23andMe. The company's issues have led to consumer concerns about how it handles genealogy data.
(Reuters) - Genetic testing firm 23andMe Chief Executive Officer Anne Wojcicki would no longer be open to considering third-party takeover proposals for the company, a regulatory filing showed on ...
In October 2023, Wired reported that a sample of data points from 23andMe accounts were exposed on BreachForums, a black-hat hacking crime forum. [1]23andMe confirmed to TechCrunch that because of an opt-in feature that allows DNA-related relatives to contact each other, the true number of people exposed was 6.9 million, nearly half of 23andMe’s 14 million reported customers.
Facebook has been criticized for having lax enforcement of third-party copyrights for videos uploaded to the service. In 2015, some Facebook pages were accused of plagiarizing videos from YouTube users and re-posting them as their own content using Facebook's video platform, and in some cases, achieving higher levels of engagement and views than the original YouTube posts.
Facebook heavily pushed news publishers towards making more videos and discouraging text content. However, this was revealed to be wrong as metrics used for time spent on videos was faulty overestimating by 60-80%, later unsealed court documents revealed the metric was wrong between 150-900% time.
(Reuters) - 23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million ...
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