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Genetic testing company 23andMe declares bankruptcy

Ars Technica

On Sunday, the genetic testing and heritage company 23andMe announced that it had entered Chapter 11 bankruptcy and was asking a court to arrange its sale. A few of these variants are associated with diseases, and 23andMe received approval to test for a number of these.

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23andMe files for bankruptcy, CEO steps down

Mashable Tech

The DNA testing company said it would use the money from the sale to "resolve all outstanding legal liabilities stemming from the previously disclosed October 2023 cyber incident." The company agreed to pay a $30 million settlement over a massive data breach that affected 6.9 million users in October 2023. "Any

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FTC: 23andMe buyer must honor firm’s privacy promises for genetic data

Ars Technica

Federal Trade Commission Chairman Andrew Ferguson said he's keeping an eye on 23andMe's bankruptcy proceeding and the company's planned sale because of privacy concerns related to genetic testing data. 23andMe's recent bankruptcy announcement set off a wave of concern about the fate of genetic data for its 15 million customers.

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Netflix faces trademark suit over basketball team name and branding in ‘Running Point’

Fast Company Tech

Courts have historically resolved litigation between First Amendment freedoms and trademark infringement via the Rogers test , named after actress Ginger Rogers, who sued over a film called Ginger and Fred that depicted fictional performers seemingly inspired by Rogers and her on-screen partner Fred Astaire. Blue waves in California?

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An EU parliament website for COVID testing allegedly broke the EU’s privacy laws

The Verge

The European Parliament is being investigated by the European Data Protection Supervisor after allegations that its COVID testing website didn’t meet EU privacy standards. According to the complaint , the testing website made over 150 requests to third parties, including Google and Stripe.

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23andMe bankruptcy update: Stock falls to penny territory as California urges customers to delete their data

Fast Company Tech

DNA testing firm 23andMe has filed for Chapter 11 bankruptcy protection. The companys financial turmoil is compounded by an industry-wide decline in demand for at-home DNA testing, as well as ongoing concerns about privacy and data security, all of which were made worse by the 2023 breach.

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Nike is testing NFT trademark law by suing a sneaker reseller

The Verge

Nike is suing an online marketplace for launching non-fungible tokens (NFTs) based on Nike shoes, testing the limits of crypto trademark law and what an NFT actually is. I think you would say StockX has the right to have a marketplace where they display Nike goods,” says attorney Moish Eli Peltz, who works in NFT and Web3 law.

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