sale of people's DNA joins the big boys club

Here4money said:
health insurers and LEO seen smacking their lips

https://www.bloomberg.com/news/arti...to-reach-4-7-billion-deal-to-buy-ancestry-com
Blackstone Reaches $4.7 Billion Deal to Buy Ancestry.com
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I didn't realize those ancestry business were worth that much.

Regardless, still don't trust their results. Mom used it twice...a few years apart. She got completely different genetic ethnicity results when comparing the results.

First time she used it, she used her maiden name. Second time she used it...she used my father's last name.

wrbtrader
 
wrbtrader said:
I didn't realize those ancestry business were worth that much...

wrbtrader
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Why does it surprise you how much they are worth? Personal information is big business these days. Blackstone just got a big chunk of that business, by now having the DNA records of tens of millions of people, including your mom. That may come in handy some day for them.
 
Overnight said:
Why does it surprise you how much they are worth? Personal information is big business these days. Blackstone just got a big chunk of that business, by now having the DNA records of tens of millions of people, including your mom. That may come in handy some day for them.
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The day they have decent de-obfuscation tools...
Perhaps the day has already passed.
And now they are feeding the beast with many more mother's, fathers and children's buildup code.
d1fb78ad301585f6119169c273fcea47.jpg
 
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wrbtrader said:
I didn't realize those ancestry business were worth that much.

Regardless, still don't trust their results. Mom used it twice...a few years apart. She got completely different genetic ethnicity results when comparing the results.

First time she used it, she used her maiden name. Second time she used it...she used my father's last name.

wrbtrader
More...

I know. It's a complete waste of money if you ask me to invest in a company that doesn't even give accurate results. I dunno why Blackstone thinks it's such a worthwhile investment unless it's trying to use it for synergy with the other life science companies that it holds in its portfolio.

Oh well, if you've got money to burn...

So what's your mom's ancestry makeup again? French and ....? :) I am just joking. You don't have to reveal if you don't want to.
 
Overnight said:
Why does it surprise you how much they are worth? Personal information is big business these days. Blackstone just got a big chunk of that business, by now having the DNA records of tens of millions of people, including your mom. That may come in handy some day for them.
More...

Millions of dollars (e.g 300 million) but never realized they were worth billions of dollars.

They can keep my mom's DNA records considering twice it was incorrect. :D

I do know its popular business but just didn't realized it was billions of dollars for one company.

wrbtrader
 
Overnight said:
Why does it surprise you how much they are worth? Personal information is big business these days. Blackstone just got a big chunk of that business, by now having the DNA records of tens of millions of people, including your mom. That may come in handy some day for them.
More...

Yeah but they are not even accurate. I mean what's the value of wrong information? LOL
 
JSOP said:
Yeah but they are not even accurate. I mean what's the value of wrong information? LOL
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Exactly, its like complete obfuscated gibberish, completely useless to us, we dont operate on nature encrypted randomly environment "malfunction" generated BS information.

God knows how much junk code it contains.
I never liked junk code in software , but i cant separate binary blobs from useful if not understanding fully..., but since scientists are so smart they already have verified dna containing junk code, while on the other hand not fully understanding it.

At least I have not seen news about the operating system being fully cracked in mainstream media.

It should be at least measurable how well does winrar compress that info.

Buildup seqences of greatest scientifically openly discovered AI bio-robot biocomputer that also happens to be selfmaintaining, decently biodegradable are wrong info.

Im no DNA data capturing expert, maybe they got screwed with bad data purchase.
Maybe the dna capturing systems used at the time dont record all the available information.
How much would you expect someone to spit out+pay for themselves?

Or perhaps they needed more sample data to speed up some process.

Its all just speculation.
 
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JSOP said:
I know. It's a complete waste of money if you ask me to invest in a company that doesn't even give accurate results. I dunno why Blackstone thinks it's such a worthwhile investment unless it's trying to use it for synergy with the other life science companies that it holds in its portfolio.

Oh well, if you've got money to burn...

So what's your mom's ancestry makeup again? French and ....? :) I am just joking. You don't have to reveal if you don't want to.
More...

Mom already knew here family history via genealogy research. Actually, grandparents were the first to do their genealogy research going all the way back to the 1800's.

Only reason why Mom tried the ancestry.com thing was to see if it was accurate...it was not.

wrbtrader
 
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