Regeneron is to pay $256 million in cash to acquire “substantially all” of 23andMe’s assets, including its massive biobank of around 15 million customer genetic samples and data.
Hindsight is 20/20. ITT lots of folks proud of themselves for not falling into this trap, but try to understand, 23andme was named “invention of the year” by Time in 2008. That’s
before[edit: around the time] google and facebook had begun monetizing private data. Data privacy, or even the power of data itself, was hardly appreciated by private companies let alone in the public consciousness.Orphans, people with absent parents, decedents of slaves, the list goes on for folks who would understandably go for an affordable way to access their genetic history. Sure, there were plenty of folks since then who had all the information and still went for it, but what about all those who became aware of it too late and when they requested their data be deleted were told it would be kept for 3 years!
I’m saddened to see more victim blaming here than anger at the ToS/privacy policy fuckery and a complete lack of consumer protection.
deleted by creator
I didn’t get the choice when my easily fooled parents decided it was a good idea.
We tried the ‘delete your 23 and me data’ but who the fuck knows if that works.
Now some corpos own my DNA probably.
Thanks mom.
By 2008 we were well into the “you should know better than give up personal data” era. That is no excuse. People are just stupid and don’t care.
There were all sorts of publications telling people to protect their personal information, online and in the meat world by 2001, let alone 2008.
I don’t want to victim blame, but going right into this with all the warnings seems pretty stupid to me.
Now what does suck, and horribly so, is that there should be nothing of value gained from that data: there should be laws against nearly everything they could use for corporate advantage, exploitation, identity, etc. With severe consequences.
That is the failure.
23andme was named “invention of the year” by Time in 2008
perfect, I am now openly pro Trump, Zuckerberg and also Putin, all of whom have been named Time Person of the year from 2007 onwards. This is because I don’t even bother to understand what Time nominates, but also entirely willing to base very important political or life decisions around this. If you call this out as being incredibly fucking stupid you are victim blaming me. Just because I do not have ever read the magazines nominations of awards that I base my being around does not mean you can attack me for this.
Orphans, people with absent parents, decedents of slaves, the list goes on for folks who would understandably go for an affordable way to access their genetic history.
This is slightly more sympathetic but also 23andme would help you zilch in this scenario because this is not what they do. But I do understand how coming from a vulnerable emotionial position might lead you there.
I’m saddened to see more victim blaming here than anger at the ToS/privacy policy fuckery and a complete lack of consumer protection.
Having said beforementioned, there is 0 consumer protection that would prevent this scenario. This bullshit has to rank among the largest DNA Databse in the world, and, as such, would be the target and has probably been leaked to every major and minor intelligence service in the world since years, even before they just openly sold it off to god knows who. The crux of data security is that while it is a society wide issue, it is also a personal issue. You can’t outregulate some idiot just handing over all their data for funsies or SECURITY to whatever entity, to point out the big ones. This holds true regardless of socioeconomic system in place, because the entire point is that it is your data, not anybody elses.
Also, and I do agree I am malding over this, I want to point out that people have been warning about 23andme for a decade for obvious reasons and largely got ignored as being doomer nerds
I’ve publicly uploaded mine to anywhere that’s take it anyway who cares. Unless you’re American there’s no huge risk. If they use the anonymised data to discover new drugs and treatment then I’m glad to contribute. It’s only <0.1% of your genome.
99.9% of your genome is exactly identical to every other human on Earth. <0.1% just means they aren’t storing things that don’t change between people, because why would they?
It’s not a individual problem of personnal responsibility
deleted by creator
Especially considering who bought it.
deleted by creator
I honestly don’t know what they will do with snp data. These investors and VCs have been running scare peace articles for the last two years to drive the company into bankruptcy so that it could be sold and the data harvested. But I honestly think people are really overestimating the value of a dataset showing how different people are from a standard template. It’s good for ancestry and correlations but people forget they didn’t fully sequence samples. I fully expect the news cycle to change once they figure this out as they try to get people to resubmit DNA for nextgen sequencing, so they can try to salvage their investment.
You don’t spend a quarter Bil without knowing what you’re doing. The company is involved in drug discovery.
You’d be surprised how much money gets wasted of stupid projects and acquisitions in biotech because some suit think they understand science better than their R&D team. For analogy sake think about all the stupid shit Microsoft bought and killed or all the chat apps Google created and killed, this going to be Regeneron’s Skype.
this going to be Regeneron’s Skype.
Microsoft didn’t kill Skype. Zoom popped up out of nowhere and killed Skype.
In the before times we used hamachi, but it was hard. Eventually, Skype was born and it was good and easy. It worked like a phone and many StarCraft 2 team games were won. But Skype was corrupted by the many Nigerian princes and hot Ladies who only needed a few dollars to turn your life around. This corruption was then baked so deeply into windows it took registry edits to exorcise it. But all was good was we now had discord which took the ideas of hamachi and Skype and delived a better experience than both.
Ah. You think Discord, that is not an free software product, controlled by one corpo, is immune to enshitification. When will people learn?
Definitely not, enshitification is real. I’ve gone from someone excited about new products to I don’t trust anything that I didn’t build. We are currently discussing moving our group chat off discord, but I’m biochemist and my circle are similar professions and I’m still learning how to properly host things.