Embattled genetic testing company 23andMe Holding Co. has filed for Chapter 11 bankruptcy and announced the resignation of its founder and CEO Anne Wojcicki.
23andMe Files For Bankruptcy, Raising Fresh Concerns Over Fate Of Genetic Data
23andMe has filed for Chapter 11 bankruptcy and announced the resignation of founder and CEO Anne Wojcicki. Privacy concerns surrounding the sale of its extensive genetic database remain after a 2023 data breach exposed data from some 7 million users. Experts warn that bankruptcy proceedings could lead to consumer data being sold, raising questions about legal protections and consumer rights.
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