On Sunday, March 23, 23andMe Holding Co. announced it started voluntarily filing for Chapter 11 Bankruptcy in the U.S.

Ancestry site's database holds genetic information of over 15 million people, but the company's bankruptcy has made its ...

Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.

In the wake of this breach, 23andMe faced a costly lawsuit, which was settled in September. Shortly thereafter, the company announced layoffs affecting 40% of its workforce, a move that underscored ...

Popular DNA testing firm 23andMe has filed for bankruptcy protection, and announced that its co-founder and CEO, Anne Wojcicki, has resigned with immediate effect. The company will now attempt to sell ...

Me on Sunday filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 data ...

23andMe, the company whose mail-in self-testing kits became synonymous with DNA testing, is filing for bankruptcy . Anne ...

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. 23andMe, a formerly high-flying genetic testing company ...

The genetic testing company has filed for bankruptcy protection and it's unclear what will happen to its massive collection of customer data.

The genetic testing company 23andMe is filing for bankruptcy and looking for a new buyer. The company announced the move after losing millions of dollars over the last several quarters.

Once valued at $6 billion, executives have yet to find a bidder for the $50 million gene testing company that has never turned a profit.

The DNA testing company faced major hurdles in the past year, including a data breach and a failed take-private attempt by CEO Anne Wojcicki.