DNA testing firm 23andMe files for bankruptcy as CEO steps down

Co-founder Anne Wojcicki to pursue independent bid as California attorney general tells users to delete data

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The US genetic testing company 23andMe has filed for bankruptcy protection in the US to help sell itself, as its chief executive quit to pursue a bid for the business after several unsuccessful attempts.

23andMe said late on Sunday that it had started voluntary Chapter 11 proceedings in the US Bankruptcy Court for the Eastern District of Missouri to “facilitate a sale process to maximise the value of its business”.

Topics

23andMe files for bankruptcy as co-founder Anne Wojcicki resigns as CEO

Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night.
NBC News - 1d
23andMe users warned to delete their data

The genetic testing company has the genetic data of more than15 million customers — and California Attorney General Rob Bonta has advised users to purge their data.
The Hill - 1d
23andMe Files for Bankruptcy and CEO Anne Wojcicki Steps Down

The company filed for Chapter 11 bankruptcy to “facilitate a sale process.” Its chief executive stepped down and said she would bid on it.
The New York Times - 1d
How to Delete Your Data From 23andMe

DNA-testing company 23andMe has filed for bankruptcy, which means the future of the company’s vast trove of customer data is unknown. Here’s what that means for your genetic data.
Wired - 1d
DNA testing company 23andMe files for bankruptcy protection

Genetic testing company 23andMe will attempt to sell itself under supervision of a court after filing for Chapter 11 bankruptcy protection. The company, which never turned a profit, cut about 40% ...
NBC News - 1d
23andMe bankruptcy filing sparks privacy fears as DNA data of millions goes up for sale

With genetic testing company 23andMe declaring bankruptcy and courting bidders, the DNA data of millions of users is up for sale, sparking privacy concerns.
NBC News - 18h
23andMe Just Filed for Bankruptcy. Here’s How to Delete Your Personal Data

A state attorney general is ‘urgently’ reminding people that they can ask 23andMe to delete the genetic data it has on them.
Inc. - 1d
23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

Anne Wojcicki has resigned from her role as chief executive effective immediately, though she will remain a member of the board.
CNBC - 1d
With 23andMe entering bankruptcy, here's how to delete your genetic data

Now that 23andMe has filed for bankruptcy, another company could take control of its genetic database.
CNBC - 3h