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The genetic testing company 23andMe has filed for Chapter 11 bankruptcy, raising concerns about the security of customer genetic data, according to the Associated Press. Despite the bankruptcy ...
Leaving aside that in 2023, 23andMe disclosed a data breach that exposed the personal information of 6.9 million customers, there’s obviously no guarantee that any potential buyer will share its ...
23andMe, headquartered in South San Francisco, went public during the short lived SPAC heyday in 2021 and quickly reached a valuation of $6 billion. 23andMe was among the more notable startups ...
Even for Silicon Valley, the land of multibillion-dollar "unicorn" startups, the launch of 23andMe in 2006 attracted special attention. Formed to offer genetic testing services directly to ...
Popular DNA research company 23andMe has filed for Chapter 11 bankruptcy protection. If you sent in your saliva to learn about your ancestry or health, you may want to delete that data soon before ...
Lawmakers grill 23andMe CEO about risks for customers ahead of bank­ruptcy sale BY Christina Santucci Washington, D.C. PUBLISHED 3:06 PM ET Jun. 11, 2025 ...
Since 23andMe filed for bankruptcy in March, 1.9 million of its 15 million DNA testing customers have asked the company to delete their data, interim CEO Joe Selsavage told federal lawmakers on ...
RICHMOND, Va. — Earlier this week, the ancestry company 23andMe announced it had filed for Chapter 11 bankruptcy protections. The news is sparking security concerns about the data for the ...
Once worth $6B after its SPAC merger in 2021, 23andMe (NASDAQ:ME) has filed for bankruptcy protection, with a current market valuation of just under $50M. The company led by Anne Wojcicki had ...
Last year, 23andMe reduced its workforce by nearly 40%, a move that was part of an effort to cut operating costs and pivot the company’s focus. 23andMe has also faced mounting financial losses ...
23andMe went public in early 2021 through a $3.5 billion SPAC deal spearheaded by Sir Richard Branson’s Virgin Group, leaving Wojcicki with 49.99% of the voting power over the company.