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DNA-testing service 23andMe is making substantial efforts to nurse its feeble genetic core back to health. The company will lay off 40% of its workforce, over 200 employees, and cull its therapy ...
As recently as 2022, Wojcicki told MBA students at Stanford’s Graduate School of Business that 23andMe was still finding its product-market fit, meaning that its tests had not yet become tools ...
23andMe, which went public in 2021, has struggled to find a profitable business model since. The company reported a net loss of $667 million for its last fiscal year, more than double the loss of ...
Still, experts say a new owner could change 23andMe's privacy terms following a sale, potentially putting the onus on consumers to push back against any move to share their data.
All seven independent directors of 23andMe’s board resigned on Tuesday, citing disagreements over the chief executive’s plan to take the company private. The departures leave just one sitting ...
A spokesperson for 23andMe told Business Insider in a statement that "the company's mission of helping people live longer, healthier lives through a preventive approach to health, and providing ...