DNA testing firm 23andMe files for bankruptcy to sell itself; CEO leaves after failed bids

https://www.reuters.com/business/healthcare-pharmaceuticals/dna-testing-firm-23andme-files-chapter-11-bankruptcy-sell-itself-2025-03-24/

Archive link in case thats paywalled: https://archive.ph/MJVff

Now everyone’s genealogy records are up for grabs.

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Regeneron Pharmaceutials could be the buyer:

After the bidding reopened, it got bought by a nonprofit run by 23andMe’s cofounder:

https://www.npr.org/2025/06/30/nx-s1-5451398/23andme-sale-approved-dna-data

The TTAM acronym is a nod to “twenty-three and me.” The institute also pledged to improve privacy policies, and continue to allow customers to delete their data at will, as 23andMe already does.

TTAM is just as untrustworthy as 23andMe themselves, this is pretty upsetting