23andMe information for chapter safety | EUROtoday
Popular DNA testing agency 23andMe has filed for chapter safety, and introduced that its co-founder and CEO, Anne Wojcicki, has resigned with rapid impact.
The firm will now try to promote itself below the supervision of a court docket.
23andme stated in a press launch that it plans to proceed working all through the sale course of 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 residence state of California issued a client alert advising clients to delete their information from the location given the corporate’s “reported financial distress.”
23andMe’s saliva-based check kits have been as soon as celebrated amongst clients and buyers, who helped to push the corporate’s worth as excessive as $6bn (£4.6bn).
But it has been struggling for survival in current months.
In September, the agency settled a lawsuit alleging that it failed to guard the privateness of practically seven million clients whose private data was uncovered in a 2023 information breach.
Two months later, it minimize 200 workersamounting to 40% of its workforce.
23andMe stated its finance chief, Joe Selsavage, will take over as interim chief government.
Ms Wojcicki will proceed to function a member of the board, it added.
https://www.bbc.com/news/articles/c9q4r9xy9wro