23andMe files for bankruptcy protection

The company said that it will now attempt to sell itself under the supervision of a court.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersDNA testing site 23andMe files for bankruptcy protection5 hours agoShareSaveLily JamaliNorth America Technology correspondent•@lilyjamaliReporting fromSan FranciscoShareSaveGetty ImagesPopular DNA testing firm 23andMe has filed for bankruptcy protection, and announced that its co-founder and CEO, Anne Wojcicki, has resigned with immediate effect.

The company will now attempt to sell itself under the supervision of a court.

23andMe said in a press release that it plans to continue operating throughout the sale process and that there "are no changes to the way the company stores, manages, or protects customer data."

On Friday, the Attorney General in 23andMe's home state of California issued a consumer alert advising customers to delete their data from the site given the company's "reported financial distress."

23andMe's saliva-based test kits were once celebrated among customers and investors, who helped to push the company's value as high as $6bn (£4.6bn).

https://www.bbc.com/news/articles/c9q4r9xy9wro

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