23andMe, Chapter 11
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USA TODAY |
23andMe is looking to "sell substantially all of its assets" and is seeking authorization from the court to do so, according to the press release.
Reuters |
The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans' personal information by 23andMe ancestry testing company that recently filed for bankruptcy, the agen...
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Me has filed for Chapter 11 bankruptcy protection and its co-founder and CEO Anne Wojcicki has resigned as the company continues its push to cut costs.
Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.
23andMe filed for Chapter 11 bankruptcy on Sunday. The company says no changes will be made to how it stores, manages or protects customer data up until the sale of its assets is finalized. 23andMe users can download genetic, registration and web behavior ...
23andMe filed for Chapter 11 bankruptcy and said it may be looking for a buyer. A bankruptcy filing by genetic testing and biotechnology company 23andMe and talks of a possible sale are shining a ...
The company said it will look to sell “substantially all of its assets” through a court-approved reorganization plan.
The Georgia attorney general is advising customers that highly sensitive personal genetic information could change hands in a sale of the company.