The genetic testing company has filed for bankruptcy protection and it's unclear what will happen to its massive collection ...
So it wasn't a big surprise that after the failure of a last-ditch bid by the CEO to take the company private, 23andMe ultimately filed for Chapter 11 bankruptcy protection in late March ...
Gift 5 articles to anyone you choose each month when you subscribe. 23andMe, which provides medical and ancestry-related genetic testing, has filed for bankruptcy after it was unable to find a ...
23andMe's decision to seek Chapter 11 bankruptcy protection was not entirely unexpected. Following a significant data breach in 2023, where the personal information of nearly 7 million customers was ...
Blockchain advocates hope 23andMe’s bankruptcy will serve as a wake-up call regarding the need for decentralization.
Just months after it started trading on the Nasdaq in June 2021, the company was valued as high as $5.8 billion. As of Friday ...
We have started voluntary Chapter 11 proceedings to facilitate a court ... of what we’ve built and believe this will enable 23andMe to emerge as a stronger, more financially stable organization.
Since genetics testing firm 23andMe filed for Chapter 11 bankruptcy protection and said it would seek to sell its assets, ...