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BIZARRE: 2 | Mind Blowing Facts

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

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

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

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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

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.

Fortune

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?

Evening Standard

Tech’s 2024 winners and losers—from Elon Musk to GM’s Cruise

Elon Musk came out on top of the tech heap in 2024.

Fortune

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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 Guardian - US

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

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

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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Fortune

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

The Conversation

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…

Fortune

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.

The Independent UK

Patient sues Kim Kardashian-endorsed MRI company for allegedly missing ‘obvious’ stroke signs

EXCLUSIVE: A crucial oversight led to disaster for father-of-two Sean Clifford, who can no longer dress himself, speak clearly, or move large portions of his body, according to a new lawsuit

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Fortune

Exclusive: Avid Ventures raises $87 million second fund

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

The Guardian - US

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

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.

Fortune

Susan Wojcicki blazed a trail for women in Silicon Valley

The former YouTube CEO died at 56 after two years living with lung cancer.

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?

Salon

23andMe's "minimum wage" billionaire

UPDATED: Data-hoarding billionaires don't go to jail — but if they violate our privacy, they can go broke

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