
US Government Eyes 23andMe Acquisition for Potential National Security Issues
In a significant move that underscores the growing concerns regarding data privacy and national security, the United States government has indicated that the acquisition of 23andMe—a prominent consumer genetics company—could undergo a critical review. This assessment may unfold under the auspices of the Committee on Foreign Investment in the United States (CFIUS), an interagency group tasked with evaluating the implications of foreign investments in American companies.
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FTC Unveils Findings on Retailers Using Consumer Data for Surveillance Pricing
The Federal Trade Commission (FTC) has recently released an eye-opening report indicating that numerous retailers have been utilizing consumer data in ways that raise significant ethical concerns, particularly related to price manipulation and surveillance-based pricing strategies. This trend is emerging as retailers increasingly rely on sophisticated data analytics to assess individual consumer behavior and adjust prices accordingly, often without their knowledge.
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