Wednesday, June 22, 2022

5 biggest risks of sharing your DNA with consumer genetic-testing companies (Connecting the Dots: Blackstone Group, Clinton Foundation, Soros & Saudi Arabia)

5 biggest risks of sharing your DNA with consumer genetic-testing companies (Connecting the Dots: Blackstone Group, Clinton Foundation, Soros & Saudi Arabia)

Eric Rosenbaum

PUBLISHED SAT, JUN 16 20182:18 PM EDTUPDATED SAT, JUN 16 20182:18 PM EDT

https://www.cnbc.com/2018/06/16/5-biggest-risks-of-sharing-dna-with-consumer-genetic-testing-companies.html

That’s a question consumers need to weigh as they consider genome testing.

Companies in this space, including 23andMeVeritas Genetics and Ancestry, have a good reason to protect your DNA — their business future depends on maintaining the trust of consumers. But there are thorny issues related to genetic privacy that still today don’t have easy answers or iron-clad legislative protections. And regulators aren’t convinced they are doing right by consumers. A recent Fast Company report indicates that 23andMe and Ancestry are being investigated by the Federal Trade Commission over their policies for handling personal info and genetic data and how they share that info with third parties.

“The key thing about your genetic data ... it is uniquely yours. It identifies you, so if you are going to entrust it to a company, you should try to understand what the consequences are,” said Jennifer King, director of consumer privacy at Stanford Law School’s Center for Internet and Society, whose research on the issue and interviews with individuals shows a lack of consumer knowledge.

Here are five of the biggest privacy risks for consumers sharing their DNA with testing companies.

Ancestry.com

https://en.wikipedia.org/wiki/Ancestry.com

Ancestry.com LLC is an American genealogy company based in Lehi, Utah. The largest for-profit genealogy company in the world, it operates a network of genealogical, historical records, and related genetic genealogy websites.

In November 2018, the company claimed to provide access to approximately 10 billion historical records, to have 3 million paying subscribers, and to have sold 18 million DNA kits to customers.[4] By 2022, this number had risen to 30 billion records according to the company.[5] On December 4, 2020, The Blackstone Group acquired the company in a deal valued at $4.7 billion. 

Connecting the Dots: 

Blackstone Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Jonathan D. Gray is a director & global head of real estate for the Blackstone Group and was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Mark T. Gallogly was a senior managing director for the Blackstone Group and a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Glenn H. Hutchins was a general partner at the Blackstone Group and a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Open Society Foundations was a funder for the Bill, Hillary & Chelsea Clinton Foundation, the Atlantic Council of the United States (think tank) and the Human Rights Watch (think tank).

George Soros is the founder & chairman for the Open Society Foundations, was the chairman for the Foundation to Promote Open Society and a benefactor for the Human Rights Watch.   

Foundation to Promote Open Society was a funder for the Human Rights Watch (think tank).

Wesley K. Clark is a director at the Atlantic Council of the United States (think tank) and a senior adviser for the Blackstone Group.

John J. Studzinski is a director at the Atlantic Council of the United States (think tank), a director at the Human Rights Watch (think tank) and the vice chairman for the Blackstone Group.

Stephen A. Schwarzman is the chairman & CEO & co-founder for the Blackstone Group and a 740 Park Avenue, New York resident.

Edgar M. Bronfman was a 740 Park Avenue, New York resident and a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Ronald O. Perelman was a 740 Park Avenue, New York resident and a funder, 2013 fundraiser chair for the Bill, Hillary & Chelsea Clinton Foundation.

Blackstone Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Jonathan D. Gray is a director & global head of real estate for the Blackstone Group and was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Mark T. Gallogly was a senior managing director for the Blackstone Group and a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Glenn H. Hutchins was a general partner at the Blackstone Group and a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Open Society Foundations was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

George Soros is the founder & chairman for the Open Society Foundations and a member of the Breakthrough Energy Coalition.

Alwaleed bin Talal is a member of the Breakthrough Energy Coalition and a prince of Saudi Arabia.

Saudi Arabia was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Turki bin Faisal Al Saud is a prince of Saudi Arabia, was William J. Clinton’s classmate at Georgetown, and a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Friends of Saudi Arabia was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Blackstone Group was a funder for the Bill, Hillary & Chelsea Clinton Foundation

Resources: Past Research

Blackstone, Saudi Arabia Announce $40 Billion Investment in U.S. Infrastructure (Past Research on the Blackstone Group)

SUNDAY, MAY 21, 2017

https://thesteadydrip.blogspot.com/2017/05/blackstone-saudi-arabia-announce-40.html 

Former Watergate Counsel: Trump-Nixon Comparisons ‘Border on the Absurd’ (Past Research on George Soros & the Human Rights Watch)

THURSDAY, MAY 18, 2017

https://thesteadydrip.blogspot.com/2017/05/former-watergate-counsel-trump-nixon.html

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