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JustAManOnAToilet@lemmy.world to News@lemmy.world · 1 year ago

23andMe is low on cash and its stock is worth pennies. The CEO wants another chance | CNN Business

www.cnn.com

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23andMe is low on cash and its stock is worth pennies. The CEO wants another chance | CNN Business

www.cnn.com

JustAManOnAToilet@lemmy.world to News@lemmy.world · 1 year ago
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Just three years ago, DNA testing company 23andMe was the golden child of Wall Street and Main Street. Today, the company is struggling to remain listed on the Nasdaq.
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  • phoneymouse@lemmy.world
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    1 year ago

    Doesn’t help that they immediately updated their user agreement to avoid responsibility. Nothing says give our product a chance like that.

  • Cyberflunk@lemmy.world
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    1 year ago

    Removed by mod

    • Alexstarfire@lemmy.world
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      1 year ago

      You think it’s not already?

      • Patches@sh.itjust.works
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        1 year ago

        It wasn’t only because they didn’t need to buy it. They stole it instead

  • FenrirIII@lemmy.world
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    1 year ago

    I don’t trust them or anyone else with my data, let alone my DNA

    • saltesc@lemmy.world
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      1 year ago

      Well someone’s not getting reborn 200M years from now in Cenozoic Park.

      Dun dun! Dun duuun! Dun-da daaa da-dun dun daaaah! flails silly human arms RAAAH!!!

      • Ech@lemm.ee
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        1 year ago

        “They do move in herds!”

      • Cosmos7349@lemmy.world
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        1 year ago

        That’s why I prefer to let mosquitos bite me.

        • AtariDump@lemmy.world
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          1 year ago

          Mr. DNA‽ Where did you come from‽

  • lemmy_get_my_coat@lemmy.world
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    1 year ago

    Refreshing to have some sort of consequences for being negligent with people’s data

    • SatanicNotMessianic@lemmy.ml
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      1 year ago

      No, they’ve been heading south for years. I would have loved for it to be a drop in response to the data breach, but this was just a company that was run incompetently.

  • Flying Squid@lemmy.world
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    1 year ago

    But hey, at least they got to expose their Jewish customers to Nazis before they went under…

  • damnthefilibuster@lemmy.world
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    1 year ago

    Fuck this company.

  • Rosco@sh.itjust.works
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    1 year ago

    “Oh no, the consequences of my own actions!” - The CEO, probably

    • GladiusB@lemmy.world
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      1 year ago

      You think their self awareness is higher than I do

  • afraid_of_zombies@lemmy.world
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    1 year ago

    It was always a scam. Glad they are dying.

  • Z4rK@lemmy.world
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    1 year ago

    It will be interesting to see what the company that buys all their data will do with it.

    • NotMyOldRedditName@lemmy.world
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      1 year ago

      Sell it to insurance companies for even more profit!

  • Aniki 🌱🌿@lemm.ee
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