On Sunday, March 23, 23andMe Holding Co. announced it started voluntarily filing for Chapter 11 Bankruptcy in the U.S.

Ancestry site's database holds genetic information of over 15 million people, but the company's bankruptcy has made its ...

23andMe, the company whose mail-in self-testing kits became synonymous with DNA testing, is filing for bankruptcy . Anne ...

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

The DNA testing company faced major hurdles in the past year, including a data breach and a failed take-private attempt by CEO Anne Wojcicki.

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. 23andMe, a formerly high-flying genetic testing company ...

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 ...

Me on Sunday filed for bankruptcy in the U.S. after struggling with the fallout of a data breach and weak demand for its ...

Me on Sunday filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 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.

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.