Chuck Schumer Takes Aim At 23andMe And Other Home DNA Testing Services

Chuck Schumer Takes Aim At 23andMe And Other Home DNA Testing Services”

"When it comes to protecting consumers from at-home DNA test kit service, the federal government is behind; putting your most personal genetic information in the hands of third parties for their exclusive use raises a lot of concerns, from the potential for discrimination by employers all the way to health insurance", said Schumer.

Schumer said the DNA testing industry, which generated $70 million in 2015 and is expected to increase to $340 million in five years, doesn't have a standard policy for how they use and distribute customers' information.

Schumer singled out AncestryDNA's fine print, which says it has the right to "communicate your genetic information for the purposes of providing products and services".

Many say they have strict rules about sharing any personal information and don't provide genetic data without scrubbing identities, getting users' consent or receiving a court order.

He called the language troubling because it suggests that some firms might want to monetize the DNA data they receive.

BUFFALO, N.Y. (WIVB)- Senator Chuck Schumer is calling for a crackdown on companies that handle at-home DNA testing kits.

With Cyber Monday just hours away, Sen.

Kate Black, 23andMe's privacy officer and corporate counsel, told NBC News on Sunday night: "We do not sell individual customer information, nor do we include any customer data in our research program without an individual's voluntary and informed consent. Schumer's concern for customer privacy and believe any regulation should match the commitments we make to our customers", the company said.

The FTC and did not immediately return messages for comment.

The statement added, "We do not sell your data to third parties or share it with researchers without your consent" and "you may request that we delete your data or account at any time".

Like this


27 November 2017
Marathon Patent Group, Inc. (MARA) Upgraded to Hold at ValuEngine
For the past 5 years, the company's revenue has grown -21.3%, while the company's earnings per share has grown -18.3%. Over the past three months, Marathon Patent Group, Inc . insiders have been net buyers, dumping a net of 0 shares.

27 November 2017
Innocent woman knocked down by Israeli 'skunk cannon' targeting ultra-Orthodox protesters
Israeli police were filmed knocking a woman off her feet by firing a powerful stream of smelly water during a mass protest. Those who are not exempt must enlist and are subject to arrest by military police if they refuse to do so.

27 November 2017
Fortnite Dev is Suing a 14-Year-Old for Cheating
Her son's name and details were released publicly, which due to him being a minor is illegal. Epic Games cannot claim "mass profit loss" because the game is free-to-play.

27 November 2017
Turquoise Hill Resources Ltd. (TRQ) Receives Average Rating of "Hold" from Analysts
In terms of Buy, Sell or Hold recommendations, Turquoise Hill Resources Ltd (NYSE:TRQ) has analysts' mean recommendation of 3. The stock of Turquoise Hill Resources Ltd (NYSE:TRQ) has "Neutral" rating given on Wednesday, April 19 by Credit Suisse.

27 November 2017
Alexion Pharmaceuticals Inc (NASDAQ:ALXN) Quarterly Sentiment Change Report
Out of 28 Wall Street analysts rating Alexion Pharmaceuticals Inc., 22 give it "Buy", 0 "Sell" rating, while 6 recommend "Hold". The funds in our partner's database reported: 208.01 million shares, down from 208.67 million shares in 2017Q1.

27 November 2017
Banco Santander Chile (BSAC) Receives Media Impact Score of 0.20
Finally, Santander upgraded shares of Banco De Chile from a hold rating to a buy rating in a report on Thursday, September 21st. Ltd. now owns 12,266 shares of the bank's stock worth $307,000 after purchasing an additional 1,824 shares in the last quarter.

27 November 2017
Pakistan not doing enough to contain terrorism: Rijiju
Swati Ajay Gavande, the widow of a slain police officer, said Hafiz Saeed should never have been released from house arrest. He said the government has made it clear on various worldwide platforms that Pakistan is a breeding ground for terrorism.

27 November 2017
Time To Sell Square Inc (SQ) As Rally Gets Overheated
Renaissance Technologies LLC bought a new stake in shares of Square during the fourth quarter valued at approximately $15,763,000. Almanack Investment Partners LLC. acquired a new position in shares of Square during the second quarter valued at about $117,000.

27 November 2017
Minister Susan Shabangu Congratulates Demi-Leigh Nel-Peters for Winning Miss Universe
Congratulations are in order for Demi-Leigh Nel-Peters, who was just crowned the new Miss Universe, reports the Daily Mail . Nel-Peters, 22, will receive a yearlong salary, a upscale New York City apartment through 2018 and other prizes.

27 November 2017
General Motors Co (NYSE:GM) Quarterly Sentiment Report
The auto manufacturer reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.25. Ar Asset Mngmt reported 141,580 shares or 2.01% of all its holdings. 162,728 are owned by Thrivent Financial For Lutherans.