2025-03-24
DNA testing company 23andMe has filed for Chapter 11 bankruptcy, following a tumultuous few years that included significant layoffs and a wide-ranging data breach. It plans to find a buyer and continue operations throughout the process, with the company's CEO, Anne Wojcicki, resigning to bid for the company independently. The Board of Directors' Special Committee previously rejected a proposal from Wojcicki.
"We expect the court-supervised pro [...]
2025-03-24
23andMe (ME) on Sunday filed for bankruptcy protection after struggling to combat weak demand for its DNA testing kit and the fallout of a data breach that effected millions of customers. Read more... [...]
2025-03-25
Genetic testing company 23andMe (ME) filed for bankruptcy protection Sunday in the latest stage of a rocky road that included weak consumer demand and a 2023 data breach that jeopardized the genetic d [...]
2025-03-28
Novo Nordisk is expanding its cash-only savings program offering its blockbuster weight-loss drug Wegovy for $499 a month at all U.S. pharmacies. 23andMe has filed for Chapter 11 bankruptcy protection [...]
2025-01-18
Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on [...]
2025-03-25
San Francisco-based 23andMe, which sells at-home DNA testing kits, has filed for bankruptcy in the US and is looking for a new buyer — heightening concerns about the personal data of millions of peo [...]
2025-03-28
This week, we learned that even government officials are addicted to their group chats — except with the Trump administration those chats include war plans and potentially classified information. In [...]