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 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.

The bankruptcy filing, and advice from state regulators that customers should withdraw their data from 23andMe, is almost certain to reduce that willingness. The company’s bankruptcy underscores ...

Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future of their data.

Languages: English. Genetic testing company 23andMe has filed for bankruptcy, leaving the future of the company uncertain. The company, which maintains a database with the genetic information of ...

With Sunday’s announcement by genetic testing firm 23andMe that it has filed for bankruptcy, customers of the site may be wondering what will happen to their data and what, if anything, they can or ...

23andMe, the company whose mail-in self-testing kits became synonymous with DNA testing, is filing for bankruptcy. Anne Wojcicki, who co-founded 23andMe in 2006, is stepping down as CEO as the ...

NEW YORK — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs. San Francisco ...

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 ...

The states are asking the court to appoint an independent consumer privacy ombudsman and a security examiner, to help inform ...

San Francisco-based 23andMe announced on Sunday that it will look to sell ‘substantially all of its assets’ through a court-approved reorganization plan ...