The Internet

World Wide Web Foundation is Shutting Down (theregister.com) 28

After fifteen years of fighting to make the web safer and more accessible, the World Wide Web Foundation is shutting down. From a report: In a letter shared via the organization's website, co-founders Sir Tim Berners-Lee -- inventor of the World Wide Web -- and Rosemary Leith explain that the organization's mission has been somewhat accomplished and a new battle needs to be waged. When the foundation was founded in 2009, just over 20 percent of the world had access to the web and relatively few organizations were trying to change that, say Sir Tim and Leith. A decade and a half later, with nearly 70 percent of the world online, there are many similar non-governmental organizations trying to make the web more accessible and affordable.

The two founders thank their supporters over the years who "have enabled us to move the needle in a big way" with regard to access and affordability. But the issues facing the web have changed, they insist, and the foundation believes other advocacy groups can take it from here. Chief among the more pressing problems, claim Sir Tim and Leith, is the social media business model that commoditized user data and concentrates power with platforms, contrary to Sir Tim's original vision for the web. To address that threat, Sir Tim intends to dismantle his foundation so he can focus on decentralized technology. "We, along with the Web Foundation board, have been asking ourselves where we can have the most impact in the future," the authors say. "The conclusion we have reached is that Tim's passion on restoring power over and control of data to individuals and actively building powerful collaborative systems needs to be the highest priority going forward. In order to best achieve this, Tim will focus his efforts to support his vision for the Solid Protocol and other decentralized systems."

The Courts

Court Blocks Uber Crash Lawsuit After Couple's Daughter Agreed To Uber Eats TOS (npr.org) 122

An anonymous reader quotes a report from NPR: A New Jersey appeals court says a couple cannot sue Uber over a life-altering car accident because of the app's terms and conditions, even though they say it was their daughter who agreed to those terms while placing an Uber Eats order. John and Georgia McGinty -- a Mercer County couple both in their 50s -- filed a lawsuit against the ride-hailing company in February 2023, nearly a year after suffering "serious physical, psychological, and financial damages" when the Uber they were riding in crashed into another car, according to court filings. "There are physical scars, mental scars, and I don't think that they will ever really be able to go back to their full capacity that they were at before," says their attorney, Mike Shapiro.

Uber responded by filing a motion to dismiss the complaint and compel arbitration, which would require the parties to resolve their differences outside court instead -- ostensibly benefiting the company by lowering legal costs and keeping proceedings private. Uber argued that Georgia McGinty, a longtime customer of Uber Rides and Uber Eats, had agreed to arbitrate any disputes with the company when she signed off on the language in the app's terms of use on three occasions over the years. The McGintys fought back, saying it was actually their daughter -- who was and remains a minor -- who had most recently agreed to the terms when she used Georgia's phone to order food on their behalf. A lower court initially sided with the couple, denying Uber's motion to compel arbitration in November 2023. Uber appealed the decision, and late last month, the appeals court ruled in its favor.

"We hold that the arbitration provision contained in the agreement under review, which Georgia or her minor daughter, while using her cell phone agreed to, is valid and enforceable," the three-judge panel wrote in September. "We, therefore, reverse the portion of the order denying arbitration of the claims against Uber." Shapiro told NPR that the couple "100%" wants to keep pursuing their case and are mulling their options, including asking the trial court to reconsider it or potentially trying to bring it to the New Jersey Supreme Court. "Uber has just been extremely underhanded in their willingness to open the same cabinets that they're forcing the McGintys to open up and have to peek around in," Shapiro says. "It's unfortunate that that's the way that they're carrying on their business, because this is truly something that subjects millions and millions of Americans and people all over the world to a waiver of their hard-fought rights."
"While the plaintiffs continue to tell the press that it was their daughter who ordered Uber Eats and accepted the Terms of Use, it's worth noting that in court they could only 'surmise' that that was the case but could not recall whether 'their daughter ordered food independently or if Georgia assisted,'" Uber said in a statement.

The report cites another recent case where Disney "tried to block a man's wrongful death lawsuit on behalf of his wife -- who died following an allergic reaction after eating at a Disney World restaurant -- because he had signed up for a trial of Disney+." After negative media coverage, the company backtracked on its push for arbitration.
Businesses

Amazon To Increase Number of Ads on Prime Video (ft.com) 100

Amazon is set to roll out a greater number of ads [non-paywalled link] across its blockbuster television shows and movies on Prime Video next year as the US tech giant steps up its push into ad-funded streaming services. Financial Times: The company said it had not seen a sharp drop in subscribers since it introduced advertising to its Prime Video platform eight months ago, allaying fears among top executives of a customer backlash, as it attempts to win over more brands to its streaming service.

Kelly Day, vice-president of Prime Video International, who oversees the streaming video business in global markets, told the Financial Times there would be an increasing number of ad slots for brands to target in 2025. Talking ahead of its first London "up front" on Wednesday evening -- when television companies present their plans to advertisers to attract money over the next year -- Day said its advertising "load" would "ramp up a little bit more into 2025."

The Almighty Buck

OpenAI Asks Investors Not To Back Rival Startups Such as Elon Musk's xAI (ft.com) 52

Financial Times has more details on the new fundraise closed by OpenAI. From the report: OpenAI has asked investors to avoid backing rival start-ups such as Anthropic and Elon Musk's xAI, as it secures $6.6bn in new funding and seeks to shut out challengers to its early lead in generative artificial intelligence. [...] During the negotiations, the company made clear that it expected an exclusive funding arrangement, according to three people with knowledge of the discussions. Seeking exclusive relationships with investors restricts rivals' access to capital and strategic partnerships. The move by the maker of ChatGPT risks inflaming existing tensions with competitors, especially Musk, who is suing OpenAI. Venture firms are party to sensitive information about the companies they invest in, and close relationships with one company can make it difficult or contentious to also back a rival. But exclusivity is rarely insisted on, according to VCs, and many leading firms have spread their bets in certain sectors. Sequoia Capital and Andreessen Horowitz, for instance, have backed multiple AI start-ups, including both OpenAI and Musk's xAI.
Businesses

Epic Games CEO Tim Sweeney Renews Blast At 'Gatekeeper' Platform Owners (venturebeat.com) 77

An anonymous reader quotes a report from VentureBeat: Epic Games CEO Tim Sweeney opened the Unreal Fest Seattle event today with an update on news that included a blistering criticism of monopolistic platform owners. Sweeney is a big proponent of open platforms and the open metaverse. In fact, he will talk about that subject in a virtual talk at our GamesBeat Next 2024 event on October 28-29 in San Francisco. (You can use this code for a 25% discount: gbn24dean). And so Sweeney continues to pressure the major platforms to give more favorable terms to game developers. He started out on that front by giving a price cut for users of Unreal Engine 5, Epic's tools for making games. For those who release games first or simultaneously on the Epic Games Store, Epic is cutting its royalty rate from 5% to 3.5% for Unreal developers. He noted that Epic is in better financial shape than it was a year ago, when Epic had to lay off a lot of staff. Sweeney said the company spent the last year rebuilding. "We're at a point now where game development is expensive. It's low margin, and game companies are suffering. Apple and Google make way more profit from most games than the developers make themselves, while contributing nothing," Sweeney said.

Sweeney reminisced about programming on early Apple computers, aligning with Steve Wozniak's vision for Apple where users had complete freedom without corporate restrictions. He contrasted this with today's mobile platforms, accusing Apple and Google of acting as gatekeepers that stifle innovation. "Among the fights we've taken on here, he noted the case with Apple is still an ongoing fight to open up payments so developers can process payments without Apple mediation and without Apple fees," he said, noting the "massive victory" against Google in a jury trial late last year.
AT&T

AT&T Claims VMware By Broadcom Offered It a 1,050% Price Increase (theregister.com) 48

The Register's Simon Sharwood reports: AT&T has claimed that Broadcom made it an offer to increase prices by 1,050 percent, and may be influencing other vendors to make a migration harder. The claim of the colossal price hike came in an email [PDF] filed in evidence by AT&T in its case alleging Broadcom hasn't honored a contract that would allow the carrier to acquire an additional two years of support services for its VMware estate. The email was penned by AT&T executive vice president and general manager Susan A Johnson and appears to be addressed to Broadcom CEO Hock Tan.

"After a 10 plus year strategic relationship with Broadcom ... I am sad to report that we appear to be at an impasse on our VMware deal," Johnson wrote on August 19. "The latest offer that we have received would put us at an average of $REDACTED per year for a 5 year deal, where we currently pay $REDACTED per year to support previously purchased perpetual licenses with a right to renew support through September, 2026. This proposed annual increase of +1,050 percent in one year is extreme and certainly not how we expect strategic partners to engage in doing business with AT&T."

AI

Anthropic Hires OpenAI Co-Founder Durk Kingma 9

OpenAI co-founder Durk Kingma announced that he'll be joining Anthropic. "Anthropic's approach to AI development resonates significantly with my own beliefs," Kingma wrote in a post on X. "[L]ooking forward to contributing to Anthropic's mission of developing powerful AI systems responsibly. Can't wait to work with their talented team, including a number of great ex-colleagues from OpenAI and Google, and tackle the challenges ahead!" TechCrunch reports: Kingma, who has a Ph.D. in machine learning from the University of Amsterdam, spent several years as a doctoral fellow at Google before joining OpenAI's founding team as a research scientist. At OpenAI, Kingma focused on basic research, leading the algorithms team to develop techniques and methods primarily for generative AI models, including image generators (e.g. DALL-E 3) and large language models (e.g. ChatGPT). In 2018, Kingma left to become a part-time angel investor and advisor for AI startups. He rejoined Google in July of that year, and started at Google Brain, which became one of the tech giant's premiere AI R&D labs before it merged with DeepMind in 2023.
Businesses

Ubisoft Investors Push For Company Sale as Shares Hit Decade-Low (techspot.com) 73

French video game publisher Ubisoft has delayed its upcoming "Assassin's Creed Shadows" by three months following disappointing sales of "Star Wars Outlaws". Ubisoft shares have hit a 10-year low as activist investor AJ Investments, backed by 10% of shareholders, pushes for a sale. "Star Wars Outlaws" sold just 1 million copies in its first month, far below expectations. TechSpot adds: Ubisoft has never had the best reputation among gamers. It's been voted the most-hated gaming brand in the world more than once, and there are those who blame the Outlaws reception on trolls who target Ubisoft games and modern Star Wars media.

"The game received an unusual number of user reviews with a clear negative bias (including a large percentage of "zero" reviews), despite seeing acceptable review scores from reputable review sites," Wedbush analysts Michael Pachter, Alicia Reese and Kade Bar wrote in a note last week. "This is a case of a rare incel victory that led to Ubisoft having to take down its numbers," they added.

Microsoft

Microsoft Exec Tells Staff There Won't Be an Amazon-style Return-to-Office Mandate Unless Productivity Drops (yahoo.com) 56

Microsoft won't impose a new return-to-office mandate unless management concludes that productivity has dropped, a high-level exec has reportedly told workers. From a report: The software and cloud-computing giant currently allows employees to work remotely, with many new hires promised the flexibility of working from home at least half the week. But that isn't written in stone. According to two anonymous sources that spoke with Business Insider, executive vice president Scott Guthrie recently told staff at his Microsoft's Cloud and AI group, which includes Azure, that a policy change isn't on the cards at present -- so long as workers stay productive.

While no statement has been provided as of press time, Microsoft told Business Insiderthat the company's work policies have not changed. Amazon CEO Andy Jassy's bombshell decree has roiled tech employees across the sector, many of whom dread a return to hours wasted in traffic jams on the long daily commute.

United States

Former US President Jimmy Carter Turns 100 221

Jimmy Carter reached his 100th birthday Tuesday, the first time an American president has lived a full century and the latest milestone in a life that took the son of a Depression-era farmer to the White House and across the world as a Nobel Peace Prize-winning humanitarian and advocate for democracy. Associated Press: Living the last 19 months in home hospice care in Plains, the Georgia Democrat and 39th president has continued to defy expectations, just as he did through a remarkable rise from his family peanut farming and warehouse business to the world stage. He served one presidential term from 1977 to 1981 and then worked more than four decades leading The Carter Center, which he and his wife Rosalynn co-founded in 1982 to "wage peace, fight disease, and build hope."

"Not everybody gets 100 years on this earth, and when somebody does, and when they use that time to do so much good for so many people, it's worth celebrating," Jason Carter, the former president's grandson and chair of The Carter Center governing board, said in an interview. "These last few months, 19 months, now that he's been in hospice, it's been a chance for our family to reflect," he continued, "and then for the rest of the country and the world to really reflect on him. That's been a really gratifying time."

James Earl Carter Jr. was born Oct. 1, 1924 in Plains, where he has lived more than 80 of his 100 years. He is expected to mark his birthday in the same one-story home he and Rosalynn built in the early 1960s -- before his first election to the Georgia state Senate. The former first lady, who was also born in Plains, died last November at 96. President Joe Biden, who was the first sitting senator to endorse Carter's 1976 campaign, praised his longtime friend for an "unwavering belief in the power of human goodness." "You've always been a moral force for our nation and the world (and) a beloved friend to Jill and me and our family," the 81-year-old president tells Carter in a tribute video filmed in front of Carter's presidential portrait at the White House.
Businesses

Verizon Leases Over 6,300 Wireless Towers To Vertical Bridge For $3.3 Billion (capacitymedia.com) 26

Vertical Bridge has acquired the rights to lease and operate over 6,000 wireless towers from Verizon for $3.3 billion as part of a 10-year agreement, with potential extensions of up to 50 years. Capacity Media reports: "Upon the completion of this transaction, these assets, together with our existing portfolio which includes thousands of young, purpose-built towers, enhance Vertical Bridge's position as a fast, friendly, and flexible colocation partner to the wireless industry," said Ron Bizick, President and CEO of Vertical Bridge. Terms of the deal provide Verizon access to additional space on the towers for future use.

The US carrier said its latest deal with Vertical Bridge supports existing efforts to drive tower-related costs. "As the nation's largest mobility provider, we are well positioned with greater financial flexibility to invest in our business, return value to our shareholders and make the nation's best network even better for customers," said Hans Vestberg, chair and CEO of Verizon. The transaction is expected to close by the end of 2024, subject to closing conditions.
Earlier this month, Verizon announced a deal to acquire Frontier Communications for $9.6 billion.
Businesses

AI Chipmaker Cerebras Files For IPO To Take On Nvidia (cnbc.com) 24

Cerebras Systems, an AI chip startup, filed (PDF) for an IPO and plans to trade under the ticker "CBRS" on Nasdaq. CNBC reports: Cerebras competes with Nvidia, whose graphics processing units are the industry's choice for training and running AI models. Cerebras says on its website that its WSE-3 chip comes with more cores and memory than Nvidia's popular H100. It's also a physically larger chip. In addition to selling chips, Cerebras offers cloud-based services that rely on its own computing clusters. [...] In addition to Nvidia, Cerebras cites AMD, Intel, Microsoft and Google as competitors, "as well as internally developed custom application-specific integrated circuits and a variety of private companies." Taiwan Semiconductor Manufacturing Company makes the Cerebras chips. Cerebrus warned investors that any possible supply chain disruptions may hurt the company.

Cerebras was founded in 2016 and is based in Sunnyvale, California. Andrew Feldman, the startup's co-founder and CEO, sold server startup SeaMicro to AMD for $355 million in 2012. The company said in 2021 that it was valued at over $4 billion in a $250 million funding round.In May, G42 committed to purchasing $1.43 billion in orders from Cerebras before March 2025, according to the filing. G42 currently owns under 5% of Cerebras' Class A shares, and the firm has an option to purchase more depending on how much Cerebras product it buys.

Apple

Apple No Longer In Talks To Invest In OpenAI (macrumors.com) 26

Apple has withdrawn from discussions to invest in OpenAI's $6.5 billion funding round, though reasons for the decision remain unclear. The company still plans to proceed with integrating ChatGPT into Siri. MacRumors reports: The development comes just a month after WSJ reported that Apple was considering an investment in OpenAI as part of a fundraising effort that could value the AI company at over $100 billion. The high valuation reflects the intense competition in the artificial intelligence sector that OpenAI helped ignite with ChatGPT's launch in late 2022. While Apple has stepped away, other major tech companies remain involved. Microsoft, which has already invested $13 billion in OpenAI, is expected to contribute about $1 billion to this latest round. Nvidia is also reportedly in talks to participate. OpenAI's transition into a for-profit structure may have factored into Apple's decision. Last week, Reuters reported on OpenAI's plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board. "Chief executive Sam Altman will also receive equity for the first time in the for-profit company, which could be worth $150 billion after the restructuring as it also tries to remove the cap on returns for investors," reported Reuters.
Businesses

Mazda's $10 Subscription For Remote Start Sparks Backlash After Killing Open Source Option (carscoops.com) 102

An anonymous reader shares a report: Mazda recently surprised customers by requiring them to sign up for a subscription in order to keep certain services. Now, notable right-to-repair advocate Louis Rossmann is calling out the brand. He points to several moves by Mazda as reasons for his anger toward them. However, it turns out that customers might still have a workaround. Previously, the Japanese carmaker offered connected services, that included several features such as remote start, without the need for a subscription. At the time, the company informed customers that these services would eventually transition to a paid model.

It's important to clarify that there are two very different types of remote start we're talking about here. The first type is the one many people are familiar with where you use the key fob to start the vehicle. The second method involves using another device like a smartphone to start the car. In the latter, connected services do the heavy lifting. What is wild is that Mazda used to offer the first option on the fob. Now, it only offers the second kind, where one starts the car via phone through its connected services for a $10 monthly subscription, which comes to $120 a year. Rossmann points out that one individual, Brandon Rorthweiler, developed a workaround in 2023 to enable remote start without Mazda's subscription fees.

Verizon

Verizon Cellphone Users Report Outages Across the US 60

Thousands of Verizon users across the United States reported having little or no cellphone service on Monday morning in major cities, including in Atlanta, Chicago, Denver, New York and Phoenix. From a report: According to the website Downdetector, which tracks user reports of internet disruptions, more than 104,000 cases of Verizon outages were reported across the country as of 11:20 a.m. Eastern, more than an hour after the first issues were reported.

A map posted on the site showed cities with the most reports. On the site, many users said their cellphones were intermittently displaying SOS mode and that they could not place calls or send or receive text messages. "We're aware of the issue affecting service for some customers," a spokesman for Verizon, Ilya Hemlin, said in a telephone interview at 11:30 a.m. "Our engineers are engaged and we are working quickly to solve the issue," he added.
Transportation

US Transportation Safety Board Issues Urgent Alert About Boeing 737 Rudders (cnn.com) 25

America's National Transportation Safety Board "is issuing 'urgent safety recommendations' for some Boeing 737s..." reports CNN, "warning that critical flight controls could jam." The independent investigative agency is issuing the warning that an actuator attached to the rudder on some 737 NG and 737 MAX airplanes could fail... "Boeing's 737 flight manual instructs pilots confronted with a jammed or restricted rudder to 'overpower the jammed or restricted system (using) maximum force, including a combined effort of both pilots,'" the NTSB said in a news release. "The NTSB expressed concern that this amount of force applied during landing or rollout could result in a large input to the rudder pedals and a sudden, large, and undesired rudder deflection that could unintentionally cause loss of control or departure from a runway," the statement said.
"The FAA said United was the only U.S. airline flying planes with the manufacturing defect in the rudder control system," notes the Seattle Times, "and that United has already replaced the component on nine 737s, the only jets in its fleet where it was identified as faulty. However, the NTSB alert may cause the grounding of some 737 MAXs and older model 737NGs flown by foreign air carriers that have not yet replaced the defective part."
Transportation

Why Boeing is Dismissing a Top Executive (barrons.com) 45

Last weekend Boeing announced that its CEO of Defense, Space, and Security "had left the company," according to Barrons. "Parting ways like this, for upper management, is the equivalent to firing," they write — though they add that setbacks on Starliner's first crewed test flight is "far too simple an explanation." Starliner might, however, have been the straw that broke the camel's back. [New CEO Kelly] Ortberg took over in early August, so his first material interaction with the Boeing Defense and Space business was the spaceship's failed test flight... Starliner has cost Boeing $1.6 billion and counting. That's lot of money, but not all that much in the context of the Defense business, which generates sales of roughly $25 billion a year.... [T]he overall Defense business has performed poorly of late, burdened by fixed price contracts that have become unprofitable amid years of higher than expected inflation. Profitability in the defense business has been declining since 2020 and started losing money in 2022. From 2022 to 2024 losses should total about $6 billion cumulatively, including Wall Street's estimates for the second half of this year.

Still, it felt like something had to give. And the change shows investors something about new CEO Ortberg. "At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us," read part of an internal email sent to Boeing employees announcing the change. "Why his predecessor — David Calhoun — didn't pull this trigger earlier this year is a mystery," wrote Gordon Haskett analyst Don Bilson in a Monday note. "Can't leave astronauts behind."

"Ortberg's logic appears sound," the article concludes. "In recent years, Boeing has disappointed its airline and defense customers, including NASA...

"After Starliner, defense profitability, and the strike, Ortberg has to tackle production quality, production rates, and Boeing's ailing balance sheet. Boeing has amassed almost $60 billion in debt since the second tragic 737 MAX crash in March 2019."

Thanks to Slashdot reader Press2ToContinue for sharing the news.
Businesses

Oracle Owns Nearly a Third of Arm Chip House Ampere, Could Take Control In 2027 (theregister.com) 6

The Register's Tobias Mann reports: Oracle could choose to take control of Ampere Computing, the Arm processor designer it has backed and uses in its cloud. A proxy statement [PDF] filed on Wednesday reveals that Oracle held 29 percent stake in Ampere as of May 31, 2024, and has the option to gain majority control over the chip house in 2027. "The total carrying value of our investments in Ampere, after accounting for losses under the equity method of accounting, was $1.5 billion as of May 31, 2024," the filing reads. Oracle also revealed it extended $600 million in loans in the form of convertible debt to Ampere during its 2024 fiscal year, on top of $400 million in debt given during the prior fiscal year. Ampere's debts are set to mature beginning June 2026, when Oracle will have the option of converting those investments into additional equity in the chip startup. "If either of such options is exercised by us or our co-investors, we would obtain control of Ampere and consolidate its results with our results of operations," the filing explains.

According to the document, Oracle spent roughly $48 million on Ampere processors during its 2023 fiscal year -- some of it direct with Ampere and some through a third party. By comparison, Big Red spent just $3 million on Ampere's chips and had $101.1 million worth of products available under a pre-payment order by the end of fiscal year 2024. This is despite the fact that Oracle is aggressively expanding its datacenter footprint to address growing demand for AI infrastructure. These efforts have included the deployment of massive clusters of GPUs from Nvidia and AMD with the largest campus developments nearing a gigawatt in scale. The filing also revealed that Ampere founder and CEO Renee James will not seek re-election to Oracle's board of directors.

AI

AI Avatars Are Doing Job Interviews Now 57

An anonymous reader quotes a report from 404 Media: Jack Ryan from San Diego was recently being interviewed for a job. On a video call, the interviewer, a woman with red hair, said, "I find it helps when candidates tell me a story in answering the questions." "I'm looking for examples from your work experience," the woman added. During the conversation, Ryan had a smirk on his face. That's because the woman is not real. She is an AI avatar from a company called Fairgo.ai, which uses AI agents to interview job candidates on behalf of other companies.

On its website, Fairgo says its AI agent "talks to candidates any time, any where." The company claims that it can "Ensure every candidate is evaluated on a level playing field with consistent and unbiased interview practices." Julian Bright, founder and CEO of Fairgo, told 404 Media in an email that after an introductory video voiced by the AI avatar, candidate interviews are done by an audio-only AI. "At no point is any of the video or audio captured used to evaluate the candidate," he wrote. Instead, that is done with a transcript afterwards. Bright said that Fairgo does not make decisions on who to shortlist for a role; that instead falls to the hirers. Fairgo also says on its site that the interview process is low stress, and that "candidates consistently love the interview experience."
"This HR AI avatar is a perfect demonstration of late stage capitalism," Ryan told 404 Media in an online chat. "While Fairgo's intent is to provide a fair and equitable interview process, I can't imagine AI, LLMs, and other tools are able to interpret the human emotion and facial reactions to provide an actual, well rounded interview."

"As someone who has interviewed upwards of 50 candidates for prior roles, human connection and interaction is the single most important indicator of how a team will mesh and jive together. If an AI is running the early stage process, it eliminates potential candidates because of its algorithmic design," he added. "It shows how executives and corporations are further trying to cut costs on the human side of business. As someone who has seen these layoffs at numerous top tech companies that then go on to rehire 6-12-18 months later for the same roles because they realized their strategy failed and they actually need good people to do the work, it's laughable at best and terrifying at worst."
Businesses

If 23andMe Is Up for Sale, So Is All That DNA (msn.com) 56

23andMe is not doing well. Its stock is on the verge of being delisted. It shut down its in-house drug-development unit last month, only the latest in several rounds of layoffs. Last week, the entire board of directors quit, save for Anne Wojcicki, a co-founder and the company's CEO. Amid this downward spiral, Wojcicki has said she'll consider selling 23andMe -- which means the DNA of 23andMe's 15 million customers would be up for sale, too. The Atlantic: 23andMe's trove of genetic data might be its most valuable asset. For about two decades now, since human-genome analysis became quick and common, the A's, C's, G's, and T's of DNA have allowed long-lost relatives to connect, revealed family secrets, and helped police catch serial killers. Some people's genomes contain clues to what's making them sick, or even, occasionally, how their disease should be treated. For most of us, though, consumer tests don't have much to offer beyond a snapshot of our ancestors' roots and confirmation of the traits we already know about. 23andMe is floundering in part because it hasn't managed to prove the value of collecting all that sensitive, personal information. And potential buyers may have very different ideas about how to use the company's DNA data to raise the company's bottom line. This should concern anyone who has used the service.

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