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The Latest Breaking News from 23andMe

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

The Independent UK

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.”

Fortune

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 Independent UK

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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

The Guardian - US

23andMe Slashes Workforce By 40%, Ends Therapeutic Programs

Genetic testing company 23andMe will be restructuring the company to save on costs.

International Business Times

CFMoto Debuts First-Ever V4 Engine, Doesn't Tell Us a Single Thing About It

V4 engines are all the rage right now. Whether it's Ducati, KTM, or Yamaha, everyone's got to have one to compete at the tippy top of the superbike spear. So it's no wonder that newcomer, but heavy-weight player, CFMoto would be not only developing a V4 platform but saving its…

RideApart

23andMe appoints three former CFOs as new directors—after the previous board all resigned

The genetic testing company, once worth $6 billion, has lost most of its value.

Fortune

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Hold the front page: Sydney Morning Herald forgoes Lidia Thorpe protest in favour of sneezing alpaca

Herald and the Age opt not to use photograph of Thorpe wearing possum-skin cloak and shaking her fist at King Charles on page one. Plus: The Australian fails to read fine print

The Guardian - AU

Behind the scenes at 23andMe, questions about a star CEO

Some past employees weren’t exactly surprised when the entire board at 23andMe tester quit last month

Fortune

A giant biotechnology company might be about to go bust. What will happen to the millions of people’s DNA it holds?

Since it was founded nearly two decades ago, 23andMe has grown into one of the largest biotechnology companies in the world. Millions of people have used its simple genetic testing service, which involves ordering a saliva test, spitting into a tube, and sending it back to the company for a…

The Conversation

23andMe’s entire board resigned on the same day. Founder Anne Wojcicki still thinks the startup is savable

The blue-chip board and the startup star had been on a collision course for months. Here’s what really happened.

Fortune

Does 23andMe have your DNA? Take these steps to delete your data

23andMe has recently come under fire. What does that mean for its 15 million customers?

Fortune

Exclusive: Avid Ventures raises $87 million second fund

Avid Ventures has raised $87 million for its second fund, Fortune can exclusively report.

Fortune

All 23andMe board members but CEO resign over no adequate buyout offers

The board has rejected both of Anne Wojcicki’s buyout proposals to save the struggling genetics company

The Guardian - US

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Fortune

Every single member of the board just resigned from DNA tester 23andMe

CEO Anne Wojcicki said the mass exodus left her “surprised and disappointed.”

International Business Times

23andMe CEO Under Fire After Directors Resign From Board

Genetic-testing firm 23andMe was dealt a major blow in its effort to take the company public on Tuesday when its independent directors resigned from the board over what it called CEO Anne Wojcicki's lack of action on the matter.

The Conversation

How at-home DNA testing kits let people skirt donor anonymity laws – and why they do it

The accessibility of at-home DNA testing means that practically anyone can send away for a kit and learn about their family history, genetic ancestry and medical information. But some people get more information than they bargained for.

TechRadar

23andMe set to pay millions to settle data breach lawsuit

If the judge approves the settlement terms, 23andMe will pay out millions and will have to run regular security audits.

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TechRadar

UK and Canada governments launch full investigation into 23andMe mega breach

DNA firm lost sensitive data on millions of customers in 2023, and later blamed users for the fiasco.

The Guardian - UK

Genetic testing company 23andMe investigated over hack that hit 7m users

Data watchdogs in UK and Canada to look at whether there were enough safeguards on personal information

The Independent UK

UK and Canada launch joint investigation into 23andMe DNA data breach

Hackers access data of nearly seven million people from American DNA testing firm in October last year

Bored Panda

“The Odds Are Insane”: People Discover Traumatizing Family Connections After Taking DNA Tests

The saliva samples used in these ancestry tests can open a Pandora's Box of family secrets. The post “The Odds Are Insane”: People Discover Traumatizing Family Connections After Taking DNA Tests first appeared on Bored Panda.

Kiplinger

Roku Breach Affects Thousands of Accounts — What To Know

Hackers likely stole subscriber passwords from other sites where data breaches occurred and then used them on Roku accounts. Experts advise changing your passwords regularly.

The Guardian - US

‘There are no serious safeguards’: can 23andMe be trusted with our DNA?

The at-home genetic testing company is dealing with financial woes and a data breach. What does that mean for customers?

TechRadar

The biggest password mistakes to avoid making

The most common password mistakes, the consequences of making them, and how to avoid them in the future

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