Just before the 23andMe SPAC deal closed, the stock belonging to its merger partner traded north ... giving investors the impression it is a risk-free investment. Some companies do not find ...

23andMe bankruptcy underscores the risk of investing in most SPACs. - MarketWatch photo illustration/iStockphoto 23andMe is going bankrupt — underscoring the great ...

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 ...

Just before the 23andMe SPAC deal closed ... giving investors the impression it is a risk-free investment. Some companies do not find appropriate acquisition targets and have to redeem the ...

The direct-to-consumer DNA testing service 23andMe filed for bankruptcy earlier this month, putting millions of customers' ...

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.

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

Today the market is a SPAC graveyard—with genetics testing startup 23andMe the latest casualty after declaring Chapter 11 bankruptcy late Sunday night. According to new data from the financial ...

The implications of 23andMe's bankruptcy extend severely to its co-founder, Anne Wojcicki, and the shareholders who invested in its mission. For Wojcicki, who has been a public face of the company and ...

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 ...