Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing

Laura Cordes

👤 Person
108 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

The default here is that there is no CPO unless a privacy policy is being expressly broken in a sale. If some party in the bankruptcy requests a CPO, then it's up to the court to decide to appoint one.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

The default here is that there is no CPO unless a privacy policy is being expressly broken in a sale. If some party in the bankruptcy requests a CPO, then it's up to the court to decide to appoint one.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

The default here is that there is no CPO unless a privacy policy is being expressly broken in a sale. If some party in the bankruptcy requests a CPO, then it's up to the court to decide to appoint one.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Okay, so that is the basic framework that a bankruptcy court is using to sell Aunt Vovey's genome. After the break, who might actually end up buying 23andMe's genetic database? Could it be a foreign-owned tech company? Ah! A law enforcement agency? Oh, no. And will Aunt Vovey choose to stay or to delete her genetic data forever?

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Okay, so that is the basic framework that a bankruptcy court is using to sell Aunt Vovey's genome. After the break, who might actually end up buying 23andMe's genetic database? Could it be a foreign-owned tech company? Ah! A law enforcement agency? Oh, no. And will Aunt Vovey choose to stay or to delete her genetic data forever?

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Okay, so that is the basic framework that a bankruptcy court is using to sell Aunt Vovey's genome. After the break, who might actually end up buying 23andMe's genetic database? Could it be a foreign-owned tech company? Ah! A law enforcement agency? Oh, no. And will Aunt Vovey choose to stay or to delete her genetic data forever?

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

If a company decides to use Chapter 11 bankruptcy to sell itself off to a new buyer, Melissa reminds us that a big part of the process is about finding the right kind of buyer who will pay, you know, the highest price.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

If a company decides to use Chapter 11 bankruptcy to sell itself off to a new buyer, Melissa reminds us that a big part of the process is about finding the right kind of buyer who will pay, you know, the highest price.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

If a company decides to use Chapter 11 bankruptcy to sell itself off to a new buyer, Melissa reminds us that a big part of the process is about finding the right kind of buyer who will pay, you know, the highest price.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Which brings us back to Aunt Vovey's question about who might buy this data and whether she should be worried. We talked through some options with Melissa, and she reminded us that a bankruptcy acquisition is still subject to all sorts of legal scrutiny.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Which brings us back to Aunt Vovey's question about who might buy this data and whether she should be worried. We talked through some options with Melissa, and she reminded us that a bankruptcy acquisition is still subject to all sorts of legal scrutiny.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Which brings us back to Aunt Vovey's question about who might buy this data and whether she should be worried. We talked through some options with Melissa, and she reminded us that a bankruptcy acquisition is still subject to all sorts of legal scrutiny.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Melissa says, OK, that question would likely fall to the Committee on Foreign Investment in the United States, or CFIUS, as we acronym obsessives like to call it. Actually, everyone calls it that. This agency vets foreign investments in the U.S. for national security concerns. And it can recommend that a deal be blocked.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Melissa says, OK, that question would likely fall to the Committee on Foreign Investment in the United States, or CFIUS, as we acronym obsessives like to call it. Actually, everyone calls it that. This agency vets foreign investments in the U.S. for national security concerns. And it can recommend that a deal be blocked.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

Melissa says, OK, that question would likely fall to the Committee on Foreign Investment in the United States, or CFIUS, as we acronym obsessives like to call it. Actually, everyone calls it that. This agency vets foreign investments in the U.S. for national security concerns. And it can recommend that a deal be blocked.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

As for, you know, the more likely bidders in this case, at this point, we know that 23andMe's co-founder and former CEO, Ann Wojcicki, has expressed interest in buying the company. In fact, she stepped down as CEO last month with the stated goal of making a bid for it in bankruptcy.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

As for, you know, the more likely bidders in this case, at this point, we know that 23andMe's co-founder and former CEO, Ann Wojcicki, has expressed interest in buying the company. In fact, she stepped down as CEO last month with the stated goal of making a bid for it in bankruptcy.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

As for, you know, the more likely bidders in this case, at this point, we know that 23andMe's co-founder and former CEO, Ann Wojcicki, has expressed interest in buying the company. In fact, she stepped down as CEO last month with the stated goal of making a bid for it in bankruptcy.

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

But there's another way of looking at Aunt Voli's question about whether or not she should be worried. Because no matter who buys 23andMe, there's still the question of what they could do with all this genetic data. Like, what do the actual laws say? Legally speaking, what could a new owner get away with? And what's not allowed?

Planet Money
How 23andMe's bankruptcy led to a run on the gene bank

But there's another way of looking at Aunt Voli's question about whether or not she should be worried. Because no matter who buys 23andMe, there's still the question of what they could do with all this genetic data. Like, what do the actual laws say? Legally speaking, what could a new owner get away with? And what's not allowed?