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The Latest Breaking News from 23andMe

23andMe Just Filed for Bankruptcy and Shares of the DNA Kit Company Are Plunging. Is There Any Hope of a ME Stock Bounce?

23andMe stock crashed as the DNA kit company filed for Chapter 11 bankruptcy on Monday. Investors are recommended to stay away from all the drama.

Barchart

23andMe is bankrupt and about to sell your DNA, here's how to stop that from happening

The company has filed for bankruptcy

TechRadar

'Should I Delete My 23andMe Data?': What Happens If You Don't and Why The Company's Gone Bankrupt

As 23andMe files for bankruptcy, experts urge users to delete their DNA data amid fears it could be sold to new buyers under relaxed privacy terms.

International Business Times UK

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American genetic testing firm 23andMe files for bankruptcy as orders fall

The company announced the decision late on Sunday amid concerns about the security of millions of customers' genetic data.

Euronews

From deluges to drought: Climate change speeds up water cycle, triggers more extreme weather

Around the globe, hotter temperatures stoked by climate change are increasing the odds of both severe drought and heavier precipitation that can wreak havoc on people and the environment

The Independent UK

23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns

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

The Independent UK

23andMe users urged to delete their data as company files for bankruptcy

The California Attorney General is urging 23andMe users to ask the company to delete their data and destroy any samples of genetic material.

Fortune

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23andMe Files For Chapter 11 Bankruptcy — How To Delete Your Data

California Attorney General Rob Bonta emphasized that California's privacy laws give people control over their data. Given 23andMe's financial issues, he encouraged consumers to consider requesting the deletion of their genetic data and any stored genetic samples.

International Business Times

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

The Guardian - UK

23andMe: DNA testing kit firm files for bankruptcy in US

Genetics company seeking a buyer amid financial struggles, with CEO Anne Wojcicki resigning to potentially bid for the company

Evening Standard

23andMe files for bankruptcy in US after data hack and heavy financial losses

The company’s CEO has also resigned with immediate effect

The Independent UK

This company is launching a genetic matching feature for future parents—and the CEO says ‘it has nothing to do with eugenics’

Nucleus Genomics claims to give couples a picture of their combined risk for passing down hundreds of conditions to their future children.

Fortune

Who Is Sergey Brin? The Billionaire Directing Google's AGI Race And The 60-Hour Workweek Push

Sergey Brin, Google's co-founder, is driving a 60-hour workweek to win the AGI race, a journey rooted in his escape from Russia and rise to billionaire status.

International Business Times UK

23andMe CEO Anne Wojcicki trying to buy DNA testing app she sold for $6bn for just $75m

The CEO has joined forces with venture capital firm New Mountain Capital in the bid to take the company private

The Independent UK

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Fortune

23andMe was once worth $6 billion. Now CEO Anne Wojcicki wants to buy it back for $42 million

Experts say the CEO’s second attempt to buy back the troubled DNA startup comes with a slew of corporate governance red flags.

Evening Standard

The fall of 23andMe: How DNA testing lost its way

From $6bn to $50m in four years – how did it all unravel for the DNA pioneer?

LiveScience

How do DNA tests tell if two people are related?

How can DNA from a cheek swab determine if someone is closely related to you?

Tom’s Guide

Think twice before using a DNA test –they're a privacy nightmare

DNA kits offer fascinating insights into your genetic background, but they might be a privacy nightmare.

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news in one place.

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The Conversation

23andMe’s struggles are a sign that direct-to-consumer DNA testing needs stronger oversight

23andMe, a major company providing direct-to-consumer genetic testing, has been struggling financially since late 2023. In September 2024, the company’s stock hit a rock-bottom of US$0.30, down 96 per cent from its peak share price of US$17.65 in 2021.

The Guardian - US

Why I regret using 23andMe: I gave up my DNA just to find out I’m British

I gave away my genetic information to a now imploding company for results that inspired nothing but ambivalence

The Independent UK

A Wyoming woman grew up thinking she was an only child. She actually has 50 half-siblings

Lippincott has been on a mission to meet as many of her new-found family members as she can

The Independent UK

23andMe is laying off 40% of its workforce right before the holiday season

The restructuring arrives during a period of turmoil at California-based 23andMe, which has recently included a high-profile data breach, several rounds of previous layoffs and piling losses that plunged the company’s stock over recent years

Fortune

After its entire board resigned overnight, 23andMe will cut over 200 employees and its cancer research in an urgent bid to nurse the company back to health

The DNA-testing firm said in a Tuesday SEC filing, “there is substantial doubt about the company’s ability to continue.”

The Independent UK

23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs

The Guardian - US

Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

Company says it will cut about 200 employees as value plummets in aftermath of huge data breach

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