States sue to block the sale of genetic data collected by DNA testing company 23andMe
The suit, filed this week in U.S. Bankruptcy Court in the Eastern District of Missouri, comes months after 23andMe began a court-supervised sale process of its assets.
The South San Francisco-based venture was once valued at $6 billion and has collected DNA samples from more than 15 million customers.
The company's bankruptcy has raised questions over privacy standards for genetic data, which experts say is uniquely sensitive, immutable and irreplaceable if stolen. Twenty-seven states and the District of Columbia filed the lawsuit, arguing that 23andMe customers have an inherent right to their own genetic information.
'This isn't just data — it's your DNA,' said Oregon Atty. Gen. Dan Rayfield in a statement. 'It's personal, permanent, and deeply private. People did not submit their personal data to 23andMe thinking their genetic blueprint would later be sold off to the highest bidder.'
23andMe announced in May that it would be sold to New York-based drug maker Regeneron Pharmaceuticals, which had agreed to comply with 23andMe's existing privacy policy. However, a competing offer from nonprofit TTAM Research Institute led the bankruptcy judge to reopen the auction last week.
TTAM is run by 23andMe co-founder Anne Wojcicki, who has made several failed attempts to take the company private.
In a statement, a 23andMe spokesperson said the lawsuit's claims 'are without merit' and that the sale of genetic data does not violate privacy regulations.
'Customers will continue to have the same rights and protections in the hands of the winning bidder,' the spokesperson said.
23andMe customers have the right to delete their genetic information from the company's database at any time, as outlined in the Genetic Information Privacy Act and the California Consumer Privacy Act.
During a testimony in Washington earlier this week, 23andMe interim Chief Executive Joseph Selsavage said that 1.9 million customers have requested their data be deleted since the company's bankruptcy filing in March.
Sara Geoghegan, senior counsel at the Electronic Privacy Information Center, said that 23andMe's privacy policy was subject to change and not adequate to protect customers' data. In an interview in March, she stressed the sensitivity of genetic data.
'I would be very concerned if I had given a swab to 23andMe,' she said. 'There is little we can do to control what happens to it.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Air Industries (AIRI) Stock Sinks As Market Gains: Here's Why
Air Industries (AIRI) closed the most recent trading day at $3.27, moving -2.1% from the previous trading session. This change lagged the S&P 500's 0.83% gain on the day. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq appreciated by 1.02%. Prior to today's trading, shares of the maker of parts for the aerospace industry and defense contractors had lost 2.91% lagged the Aerospace sector's gain of 2.79% and the S&P 500's gain of 4.99%. The investment community will be paying close attention to the earnings performance of Air Industries in its upcoming release. On that day, Air Industries is projected to report earnings of -$0.15 per share, which would represent a year-over-year decline of 266.67%. Meanwhile, our latest consensus estimate is calling for revenue of $12 million, down 11.57% from the prior-year quarter. AIRI's full-year Zacks Consensus Estimates are calling for earnings of -$0.45 per share and revenue of $53.39 million. These results would represent year-over-year changes of -9.76% and -3.12%, respectively. Any recent changes to analyst estimates for Air Industries should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Air Industries is currently a Zacks Rank #5 (Strong Sell). The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 65, positioning it in the top 27% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Air Industries Group (AIRI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
36 minutes ago
- Yahoo
How Much Would It Take To Earn $100 A Month From EPR Properties Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. EPR Properties (NYSE:EPR) is a real estate investment trust specializing in experiential properties. It will report its Q2 2025 earnings on July 30. Wall Street analysts expect the company to post EPS of $1.25, up from $1.22 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $147.86 million, down from $173.09 million a year earlier. Don't Miss: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — The 52-week range of EPR Properties stock price was $41.02 to $59.31. EPR Properties' dividend yield is 6.14%. It paid $3.54 per share in dividends during the last 12 months. The company on May 7 announced its Q1 2025 earnings, posting FFO of $1.19, compared to the consensus estimate of $1.18, and revenues of $175.03 million, compared to the consensus of $161.81 million, as reported by Benzinga. "We are pleased to have delivered solid earnings growth in the first quarter and increase our guidance for the full year," said CEO Greg Silvers. "We continue to see resilience at our experiential properties, as many consumers prioritize drive-to value oriented experiences, particularly in times of uncertainty." Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. . The company raised its full-year 2025 earnings guidance for FFOAA per diluted common share to a range of $5 to $5.16 from a range of $4.94 to $5.14, representing an increase of 4.3% at the midpoint over 2024. Check out this article by Benzinga for seven analysts' insights on EPR Properties. If you want to make $100 per month — $1,200 annually — from EPR Properties dividends, your investment value needs to be approximately $19,544, which is around 339 shares at $57.68 each. Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (6.14% in this case). So, $1,200 / 0.0614 = $19,544 to generate an income of $100 per month. You can calculate the dividend yield by dividing the annual dividend payments by the current price of the dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis. For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40). In summary, income-focused investors may find EPR Properties stock an attractive option for making a steady income of $100 per month by owning 339 shares of stock. Read Next: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Image: Shutterstock This article How Much Would It Take To Earn $100 A Month From EPR Properties Stock originally appeared on 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤


Hamilton Spectator
43 minutes ago
- Hamilton Spectator
Iconic canned food giant Del Monte Foods files for bankruptcy protection. What does it mean for Canadian shoppers?
One of the largest producers of canned fruit and vegetables in the United States filed for bankruptcy protection — but plans to continue operations during a court-supervised sale process. Del Monte Foods announced July 1 it initiated voluntary Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of New Jersey. A news release from Del Monte Foods Corporation II Inc. notes the filing impacts the U.S. indirect subsidiaries of Del Monte Pacific Limited, which are not affiliated with certain other Del Monte companies around the world, including Del Monte Canada. 'Certain of the Company's non-U.S. subsidiaries are not included in the Chapter 11 proceedings and continue to operate as usual,' Del Monte Foods said in the release. The bankruptcy filing does not impact Del Monte's processed fruit and vegetable business in Canada. A spokesperson for Fresh Del Monte Produce Inc. noted the company is a publicly traded, independent company with no corporate, legal, or operational affiliation with Del Monte Foods Inc., a privately held U.S. company currently involved in litigation with certain debt holders. The two companies operate completely separately, with distinct ownership, leadership, and supply chains, the spokesperson added. 'We remain fully focused on delivering the high-quality Del Monte branded fresh produce that our partners and consumers expect,' the spokesperson said in an emailed statement. Del Monte's U.S. business has secured $912.5 million (U.S.) in debtor-in-possession financing to sustain ongoing operations, the company said. Del Monte Foods added the company 'intends to continue serving customers with high-quality food products on an uninterrupted basis.' Del Monte Foods has entered into a restructuring support agreement with a group of lenders. The agreement contemplates a 'going-concern' sale process for all or substantially all of the company's assets — with support from lenders — aimed at maximizing value for stakeholders. In the release, Greg Longstreet, president and CEO of Del Monte Foods, called the Chapter 11 filing 'a strategic step forward for Del Monte.' 'After a thorough evaluation of all available options, we determined a court-supervised sale process is the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods. With an improved capital structure, enhanced financial position and new ownership, we will be better positioned for long-term success,' Longstreet added. Del Monte, founded in 1886 , has vowed to continue operating. Longstreet noted in the release, 'While we have faced challenges intensified by a dynamic macroeconomic environment, Del Monte Foods has nourished families for nearly 140 years, and we remain committed to our mission of expanding access to nutritious, great-tasting food for all. I am deeply grateful to our employees, growers, customers and vendors, as well as our lenders for their support in helping us achieve our long-term goals.' One major headwind for Del Monte moving forward... Consumers are shifting toward fresher and healthier options, reducing sales of traditional canned products. They need to pivot and fast. Sylvain Charlebois, senior director for the Agri-Food Analytics Lab at Dalhousie University, said the food company may need to pivot toward fresher, healthier foods. 'One major headwind for Del Monte moving forward … Consumers are shifting toward fresher and healthier options, reducing sales of traditional canned products,' Charlebois said on X . Metroland has reached out to Del Monte Canada for comment. This story will be updated once we receive a response. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .