The possibility that your genetic data could one day be sold to the highest bidder sounds like something out of a sci-fi novel, but fiction has just taken one step closer to reality. Genetic testing company 23andMe has filed for bankruptcy protections and is looking for a buyer, which has people asking – what’s going to happen to everyone’s personal data?
23andMe was founded in 2006, and since then, millions of people have spit in a tube and sent it off to the company to find out what their DNA can apparently say about their ancestry and/or health.
However, the company announced on March 23 that not only was CEO and co-founder Anne Wojcicki resigning, but that it was also filing for bankruptcy protections, meaning it would be…