The bankruptcy underscores the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations.

23andMe is going bankrupt — underscoring the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations. When companies opt ...

23andMe garnered lots of attention from investors when it was first taken public via a special-purpose acquisition vehicle (SPAC ... to help drive initial investments. She will be replaced ...

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

But since 23andMe is not a medical provider it does not have to abide by standard privacy policies that must be followed at a doctor's office. Such services are "not regulated well," said Ayday.

Genetic analysis company 23andMe (ME) announced this week it's declaring bankruptcy and pursuing a sale, leading many customers to pursue deleting their data from the company. 23andMe was founded ...

Privacy experts are concerned about the risk of “genetic discrimination” after 23andMe, which offered a direct-to-consumer genetic testing service, filed for ...

Despite the bankruptcy filing, 23andMe assures that its data storage and protection protocols remain unchanged. However, privacy experts advise users to delete their data due to potential risks of ...