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The company’s market value peaked at almost $6 billion after it went public in 2021, but 23andMe reported a 7% decline in revenue and losses of $174 million in the first nine months of its ...
DNA and genetic testing firm 23andMe is in turmoil following a 2023 data breach and its ongoing financial decline. The ...
At its peak, the company was valued at US$6 billion. While the market initially believed in the value of 23andMe’s business ...
In a statement, 23andMe said it had filed for Chapter ... In the first nine months of its current fiscal year, the company reported a 7 percent decline in revenue and losses of $174 million.
23andMe exploded into the mainstream with its at-home DNA testing kits that gave customers insight into their family ...
Three congressmen on the House Committee on Energy and Commerce sent a letter to the genetic testing company 23andMe on ...
Anne Wojcicki, Linda Avey and Paul Cusenza come together as co-founders of 23andMe. A year later, the company launches its first direct-to-consumer genetic testing kit, which provides more than 200 ...
A group of House lawmakers launched a probe Thursday into 23andMe’s handling of customers’ sensitive data following the ...
In a startling turn of events, the genetic testing company 23andMe filed for bankruptcy on Sunday, marking a drastic fall from grace for a firm once celebrated for revolutionizing ancestry testing.
DNA and genetic testing firm 23andMe is in ... its ongoing financial decline. The once-pioneering giant now faces an uncertain future as bankruptcy looms over the company, intensifying concerns ...