Company Directory - 23andMe
Company Details - 23andMe
23andMe
WebsiteMountain View, United States
23andMe is a DNA testing company that offers genetic testing and analysis services, empowering individuals to better understand their ancestry and health through their genetic information.
CCI Score
CCI Score: 23andMe
-8.68
0.01%
Latest Event
FTC Mandates 23andMe Buyer to Uphold Privacy Promises
Federal Trade Commission Chairman Andrew Ferguson has insisted that any buyer of 23andMe as part of its bankruptcy proceedings must comply with the company's established privacy policies regarding genetic and personal data. This regulatory action is aimed at protecting the sensitive information of millions of users and ensuring that their privacy rights are maintained during the sale process.
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COLLABORATOR
23andMe is currently rated as a Collaborator.
Latest Events
- APR012025
Federal Trade Commission Chairman Andrew Ferguson has insisted that any buyer of 23andMe as part of its bankruptcy proceedings must comply with the company's established privacy policies regarding genetic and personal data. This regulatory action is aimed at protecting the sensitive information of millions of users and ensuring that their privacy rights are maintained during the sale process.
+50
Business Practices and Ethical Responsibility
April 15
The FTC's requirement that any buyer must adhere to 23andMe's privacy policies reinforces ethical business practices by protecting sensitive genetic and personal data, thereby upholding consumers' rights. This oversight mitigates the risk of data misuse by preventing potential exploitation by authoritarian regimes and aligns with progressive, consumer-focused corporate standards.
FTC: 23andMe buyer must honor firm's privacy promises for genetic data
+40
Technology and Services Impact
April 15
The enforcement of strict privacy measures in the context of sensitive genetic data emphasizes the company’s responsibility in safeguarding technological services. Ensuring that data security commitments are maintained during the bankruptcy sale helps protect users from potential surveillance and misuse, which is crucial in resisting authoritarian exploitation.
FTC: 23andMe buyer must honor firm's privacy promises for genetic data
- MAR252025
23andMe filed for bankruptcy, triggering alarm over the fate of sensitive DNA data from over 15 million users, particularly in the wake of a prior major data breach. Experts warn that the potential sale of the company could place genetic data in hands that may not safeguard privacy, ultimately risking exploitation that could empower authoritarian practices.
-50
Business Practices and Ethical Responsibility
April 15
The bankruptcy filing amid previous significant data breaches raises substantial concerns regarding 23andMe's business practices and ethical responsibility in protecting highly sensitive genetic information. The potential transfer of such data during a sale poses risks that could enable misuse by entities that undermine privacy and contribute to authoritarian measures, particularly affecting marginalized populations.
What happens to DNA data of millions as 23andMe files bankruptcy?
- MAR242025
23andMe has filed for bankruptcy and entered the federal bankruptcy process, prompting concerns over the future protection of sensitive genetic data following a prior large-scale data breach and financial struggles. The company announced the bankruptcy along with the departure of CEO Anne Wojcicki and is seeking a buyer, raising fears that new ownership might compromise the privacy and security of its 15+ million users' data.
-40
Business Practices and Ethical Responsibility
April 15
The bankruptcy filing and prior data breach underscore significant lapses in ethical business practices. The company's financial distress raises concerns that future owners may not maintain rigorous data privacy protocols, thereby compromising consumer protection and potentially enabling misuse of sensitive genetic information.
23andMe files for bankruptcy. What it means for your data : NPR
-30
Technology and Services Impact
April 15
The uncertainty surrounding the company's future, combined with previous breaches and the sensitive nature of genetic data, heightens the risk of technological and service-related vulnerabilities. The potential for mishandling or exploitation of genetic information in a bankruptcy sale could lead to adverse societal impacts.
23andMe files for bankruptcy. What it means for your data : NPR
- MAR202025
An article in the Harvard Gazette raises concerns that if 23andMe, following a severe data breach and a dramatic fall in valuation, files for bankruptcy or is acquired, the company’s sensitive genetic data could be transferred to new owners without sufficient consumer safeguards. This scenario exposes customers to risks of having their personal genetic profiles used without their consent, potentially enabling misuse that may empower authoritarian practices.
-40
Business Practices and Ethical Responsibility
April 15
23andMe’s privacy policy permits the transfer of consumer genetic data in the event of bankruptcy, a practice that, given its history of a major data breach, showcases a concerning lapse in ethical responsibility. This approach undermines consumer privacy and can potentially expose vulnerable personal information to misuse, indirectly opening the door to exploitative applications under authoritarian regimes. It reflects flawed business ethics that neglect the protection of sensitive constituent data.
What happens to your data if 23andMe collapses? — Harvard Gazette
- FEB012024
23andMe filed for bankruptcy, experienced significant layoffs, and faces mounting concerns over the future protection and handling of its customers' sensitive genetic data amid asset sale and restructuring plans.
-40
Business Practices and Ethical Responsibility
April 15
The bankruptcy filing and 40% workforce layoffs, compounded by a history of data breaches, raise serious concerns about 23andMe’s commitment to ethical business practices. The planned asset sale and the existing privacy policies that allow for customer data to be sold add to worries regarding both consumer protection and labor rights.
What happens to your DNA data now that 23andMe has filed for bankruptcy?
-30
Technology and Services Impact
April 15
Amid the bankruptcy proceedings and after a major data breach that compromised millions of users, there is a significant risk that the handling of sensitive genetic information could be compromised further. The possibility that customer data might be sold or misused under new ownership creates a precarious scenario for digital rights and privacy.
What happens to your DNA data now that 23andMe has filed for bankruptcy?
-20
Economic and Structural Influence
April 15
The restructuring plan, which involves selling substantially all of its assets, highlights challenges in economic and regulatory oversight. The uncertainty surrounding future ownership and regulatory compliance poses a risk to consumer data protections.
What happens to your DNA data now that 23andMe has filed for bankruptcy?
- JUN142021
In June 2021, 23andMe joined over 100 companies in signing the Human Rights Campaign's business statement. The company publicly opposed discriminatory state laws targeting the LGBTQ+ community and reiterated its commitment to diversity, equity, and inclusion.
+80
Public and Political Behavior
April 15
23andMe's decision to sign a business statement opposing anti-LGBTQ+ state laws is a clear demonstration of public political behavior supporting marginalized communities. By taking this stance, the company not only reinforces its commitment to equity and inclusion but also challenges policies that could empower discriminatory practices, aligning with anti-authoritarian and progressive values.
Alternatives
United States
57.77
South San Francisco, United States
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Bethesda, United States
-11.29
Sunnyvale, United States
-39.38
Medford, USA
0.00
Corporation
47.87
Corporation
20.63
Corporation
0.00
Corporation
-15.66
Corporation
-34.25
Corporate Financials
- Revenue
- 2025
- $150.00M
Industries
- 541611
- Administrative Management and General Management Consulting Services
- 541715
- Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- 621511
- Medical Laboratories