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23andMe Re-Opens Data Auction With $305 Million Bid From Former CEO
After a brief court dispute, 23andMe and all its assets are up for auction once again. The second time around, former CEO Amy Wojcicki has started out hot with an opening bid nearly $50 million higher than the previous auction’s winner.
New auction for 23andMe sought with $305m bid from ex-CEO
Added to that, 23andMe suffered a massive data breach in 2023 that resulted in information from about 7 million people being exposed. It was forced to pay $30 million to settle a lawsuit last year alleging it had failed to protect customers' privacy after a data breach.
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