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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 ...
23andMe, the company whose mail-in self-testing kits became synonymous with DNA testing, is filing for bankruptcy . Anne ...
There’s a lot you can figure out with DNA.” said Sean Salemink, a 23andMe user out of Iowa City. Originally born ...
23andme says it owns the aggregated genetic data of its customers, meaning it can sell it to the highest bidder ...
Gene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate its sale, after years of struggling to find a sustainable business model.
Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future of their data.
As 23andMe files bankruptcy to facilitate the company's sale, some worry whether customers' genetic data will stay secure without Congressional help.
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 ...
San Francisco-based 23andMe announced on Sunday that it will look to sell ‘substantially all of its assets’ through a court-approved reorganization plan ...
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.
Me on Sunday filed for bankruptcy in the U.S. after struggling with the fallout of a data breach and weak demand for its ...