Once valued at $6 billion, executives have yet to find a bidder for the $50 million gene testing company that has never turned a profit.

Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future of their data.

The genetic testing company 23andMe is filing for bankruptcy and looking for a new buyer. The company announced the move after losing millions of dollars over the last several quarters.

The bankruptcy filing, and advice from state regulators that customers should withdraw their data from 23andMe, is almost certain to reduce that willingness. The company’s bankruptcy underscores ...

With Sunday’s announcement by genetic testing firm 23andMe that it has filed for bankruptcy, customers of the site may be wondering what will happen to their data and what, if anything, they can or ...

23andMe, the company whose mail-in self-testing kits became synonymous with DNA testing, is filing for bankruptcy. Anne Wojcicki, who co-founded 23andMe in 2006, is stepping down as CEO as the ...

The company said it will look to sell “substantially all of its assets” through a court-approved reorganization plan.

In the wake of this breach, 23andMe faced a costly lawsuit, which was settled in September. Shortly thereafter, the company announced layoffs affecting 40% of its workforce, a move that underscored ...

The states are asking the court to appoint an independent consumer privacy ombudsman and a security examiner, to help inform ...

San Francisco-based 23andMe announced on Sunday that it will look to sell ‘substantially all of its assets’ through a court-approved reorganization plan ...