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23andMe quickly secured funding from several companies, including Google. A May 2007 SEC filing said Google invested $3.9 million into 23andMe, taking a minority interest.
23andMe's business is floundering after a data hack, lawsuit, and tumbling stock prices. The company's problems have led to concerns about how it handles consumer genealogy data.
23andMe posted another loss in quarterly earnings released Tuesday. The company reported a net loss of $59.1 million for the 2025 fiscal year's second quarter, compared to a loss of $75.3 million ...
The financial struggles of genetic testing and ancestry company 23andMe are raising questions about the security of customers' DNA and other data. On Tuesday, 23andMe released its latest earnings ...
23andMe said that roughly 80% of its customers consent to participate in the company's research program, which it said has generated more than 270 peer-reviewed publications uncovering new genetic ...
In October 2023, Wired reported that a sample of data points from 23andMe accounts were exposed on BreachForums, a black-hat hacking crime forum. [1]23andMe confirmed to TechCrunch that because of an opt-in feature that allows DNA-related relatives to contact each other, the true number of people exposed was 6.9 million, nearly half of 23andMe’s 14 million reported customers.
Around a year ago, 23andMe had a data breach that led to 6.9 million profiles being accessible. Now, the company has agreed to pay a $30 million settlement after a class-action lawsuit was brought ...
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