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 [...]
2025-04-11
Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offe [...]