Finance Foggle

  Key Takeaways 🏛️  Bankruptcy court approval : Judge Brian Walsh approved the $305 million sale of 23andMe to nonprofit TTAM Research Institute, founded by Anne Wojcicki, overriding objections from five states . 🧬  Genetic data protection : The deal prevents sensitive DNA data from going to pharmaceutical companies; TTAM pledges to maintain existing privacy policies and enhance safeguards . ⚖️  Legal objections : California AG Rob Bonta contends the sale violates state law requiring explicit consent for genetic data transfers, hinting at potential appeals before July 7 . 🔄  Founder’s return : Wojcicki regains control after resigning during bankruptcy proceedings, positioning TTAM to continue 23andMe’s mission as a nonprofit entity . 🛡️  Customer safeguards : TTAM commits to advance deletion notices, two years of identity theft monitoring, and a Consumer Privacy Advisory Board . The Bankruptcy Court’s Decision Explained A U.S. Bankruptcy Judge, Brian Wa...