#23andme

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#layoffs

As 23andMe Crumbles, It Ceases All Efforts to Develop Drugs Using DNA Data

23andMe is restructuring, laying off 40% of its workforce, and abandoning its therapeutics program amidst severe financial struggles.

Tech layoffs update: AMD, iRobot, 23andMe, and other big firms see job losses in November 2024

Major layoffs in the tech sector persist into 2024, with significant cuts from companies like 23andMe, AMD, and iRobot.

23andMe lays off 40% of its workforce, ends therapeutics division | CBC News

23andMe is undergoing significant layoffs and restructuring to focus on its core business amidst financial turmoil.

23andMe is laying off 40 percent of its staff

23andMe is laying off over 200 employees, impacting 40% of its workforce, to save costs and focus on its core consumer business.

South SF-based genetic testing company laying off 40% of workforce

23andMe is laying off 40% of its workforce and discontinuing its therapeutic program to focus on its core consumer business.

Bay Area's 23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is undergoing major layoffs and restructuring to focus on its core consumer business amidst ongoing financial struggles.

As 23andMe Crumbles, It Ceases All Efforts to Develop Drugs Using DNA Data

23andMe is restructuring, laying off 40% of its workforce, and abandoning its therapeutics program amidst severe financial struggles.

Tech layoffs update: AMD, iRobot, 23andMe, and other big firms see job losses in November 2024

Major layoffs in the tech sector persist into 2024, with significant cuts from companies like 23andMe, AMD, and iRobot.

23andMe lays off 40% of its workforce, ends therapeutics division | CBC News

23andMe is undergoing significant layoffs and restructuring to focus on its core business amidst financial turmoil.

23andMe is laying off 40 percent of its staff

23andMe is laying off over 200 employees, impacting 40% of its workforce, to save costs and focus on its core consumer business.

South SF-based genetic testing company laying off 40% of workforce

23andMe is laying off 40% of its workforce and discontinuing its therapeutic program to focus on its core consumer business.

Bay Area's 23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is undergoing major layoffs and restructuring to focus on its core consumer business amidst ongoing financial struggles.
morelayoffs
#workforce-reduction

23andMe cuts 40% of staff in restructuring | TechCrunch

23andMe is cutting 40% of its workforce and discontinuing its therapeutics business to focus on its core consumer operations.

Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

23andMe is cutting 40% of its workforce and halting therapy development to focus on consumer services after a significant data breach.

DNA-testing site 23andMe to lay off 40% of its workers

23andMe is cutting 40% of its workforce and halting therapy developments to focus on its core consumer business amid financial struggles.

23andMe cuts 40% of staff in restructuring | TechCrunch

23andMe is cutting 40% of its workforce and discontinuing its therapeutics business to focus on its core consumer operations.

Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

23andMe is cutting 40% of its workforce and halting therapy development to focus on consumer services after a significant data breach.

DNA-testing site 23andMe to lay off 40% of its workers

23andMe is cutting 40% of its workforce and halting therapy developments to focus on its core consumer business amid financial struggles.
moreworkforce-reduction
#genetic-testing

23andMe sinking

23andMe experienced a dramatic decline in market value due to privacy concerns and changing public sentiment about genetic testing.

What exactly's going on with 23andMe?

23andMe is undergoing critical scrutiny due to a data breach, raising concerns about user data safety.
The recent data breach affected millions due to interconnected user networks, not just the compromised accounts.
Security measures are being enforced post-breach, but ongoing challenges may threaten 23andMe's future.

The rise and fall of 23andMe

23andMe, founded in 2006, faced funding challenges and has struggled to maintain its initial momentum in the competitive landscape of genetic testing.

23andMe's entire board resigned on the same day. Founder Anne Wojcicki still thinks the startup is savable

Anne Wojcicki's leadership style has led to significant conflicts with her board, affecting the company's strategic direction.

Bay Area-based 23andMe says it will delete your DNA data. But not for years.

23andMe faces significant financial challenges and privacy concerns as CEO Anne Wojcicki seeks to possibly take the company private amidst customer anxiety over data security.

23andMe users are worried about what might happen to their data. Here's what the company says.

23andMe faces uncertainty due to potential acquisitions and a recent data breach.
There is increasing user concern about data privacy in light of ownership changes.

23andMe sinking

23andMe experienced a dramatic decline in market value due to privacy concerns and changing public sentiment about genetic testing.

What exactly's going on with 23andMe?

23andMe is undergoing critical scrutiny due to a data breach, raising concerns about user data safety.
The recent data breach affected millions due to interconnected user networks, not just the compromised accounts.
Security measures are being enforced post-breach, but ongoing challenges may threaten 23andMe's future.

The rise and fall of 23andMe

23andMe, founded in 2006, faced funding challenges and has struggled to maintain its initial momentum in the competitive landscape of genetic testing.

23andMe's entire board resigned on the same day. Founder Anne Wojcicki still thinks the startup is savable

Anne Wojcicki's leadership style has led to significant conflicts with her board, affecting the company's strategic direction.

Bay Area-based 23andMe says it will delete your DNA data. But not for years.

23andMe faces significant financial challenges and privacy concerns as CEO Anne Wojcicki seeks to possibly take the company private amidst customer anxiety over data security.

23andMe users are worried about what might happen to their data. Here's what the company says.

23andMe faces uncertainty due to potential acquisitions and a recent data breach.
There is increasing user concern about data privacy in light of ownership changes.
moregenetic-testing

DNA-testing site 23andMe fights for survival

23andMe's drastic decline highlights the importance of a sustainable business model in tech industries.
The company is under scrutiny for its handling of sensitive genetic data amidst financial struggles.
#corporate-governance

23andMe appoints three former CFOs as new directors-after the previous board all resigned

Leadership turmoil at 23andMe highlighted by board resignations over strategic differences, particularly CEO Anne Wojcicki's vision for privatization.

23andMe appoints new board members as it works to stem the company's slide

23andMe appointed three new independent directors after all previous members resigned, highlighting challenges including consumer privacy concerns and declining stock values.

Every Member of 23andMe's Board Except the CEO Just Resigned in Disgust

The board of directors of 23andMe resigned due to disagreements over the company's strategic direction and the CEO's management decisions.

Every single member of the board just resigned from DNA tester 23andMe

23andMe is facing significant challenges, including stock plummeting and resignation of all independent directors, signaling potential decline in company viability.

23andMe appoints three former CFOs as new directors-after the previous board all resigned

Leadership turmoil at 23andMe highlighted by board resignations over strategic differences, particularly CEO Anne Wojcicki's vision for privatization.

23andMe appoints new board members as it works to stem the company's slide

23andMe appointed three new independent directors after all previous members resigned, highlighting challenges including consumer privacy concerns and declining stock values.

Every Member of 23andMe's Board Except the CEO Just Resigned in Disgust

The board of directors of 23andMe resigned due to disagreements over the company's strategic direction and the CEO's management decisions.

Every single member of the board just resigned from DNA tester 23andMe

23andMe is facing significant challenges, including stock plummeting and resignation of all independent directors, signaling potential decline in company viability.
morecorporate-governance

Avoid This Former High-Flying Stock Split Stock at All Costs

Reverse stock splits like 23andMe's can indicate significant underlying issues despite a higher share price.
#data-breach

23andMe is floundering. Here is how to delete your data.

23andMe faces major challenges including a data breach, a lawsuit settlement, and plummeting stock prices, calling consumer data security into question.

23andMe Settles for $30 Million After Massive Data Breach | Entrepreneur

23andMe has agreed to a $30 million settlement after a breach exposed personal data of 6.9 million customers, requiring three years of security monitoring.

23andMe will pay $30 million to settle 2023 data breach lawsuit

23andMe is settling a data breach lawsuit for $30 million, committing to improved cybersecurity measures for affected users.
The company denies mishandling user data despite admitting to a major breach affecting millions.

23andMe agrees to pay $30 million to settle lawsuit over massive data breach

23andMe settles $30M class action lawsuit over data breach affecting 6.9 million customers, providing compensation and security monitoring.

Lawsuit says 23andMe hackers targeted users with Chinese and Ashkenazi Jewish heritage

23andMe is facing a lawsuit for allegedly failing to inform customers that they were targeted based on their Chinese and Ashkenazi Jewish heritage.
Hackers accessed customer accounts for months without detection, leaking sensitive information on the dark web.

23andMe Breach Targeted Jewish and Chinese Customers, Lawsuit Says

23andMe is being sued for failing to protect the privacy of customers whose personal information was exposed in a data breach.
The lawsuit alleges that customers with Chinese and Ashkenazi Jewish heritage were specifically targeted and their genetic information was sold on the dark web.

23andMe is floundering. Here is how to delete your data.

23andMe faces major challenges including a data breach, a lawsuit settlement, and plummeting stock prices, calling consumer data security into question.

23andMe Settles for $30 Million After Massive Data Breach | Entrepreneur

23andMe has agreed to a $30 million settlement after a breach exposed personal data of 6.9 million customers, requiring three years of security monitoring.

23andMe will pay $30 million to settle 2023 data breach lawsuit

23andMe is settling a data breach lawsuit for $30 million, committing to improved cybersecurity measures for affected users.
The company denies mishandling user data despite admitting to a major breach affecting millions.

23andMe agrees to pay $30 million to settle lawsuit over massive data breach

23andMe settles $30M class action lawsuit over data breach affecting 6.9 million customers, providing compensation and security monitoring.

Lawsuit says 23andMe hackers targeted users with Chinese and Ashkenazi Jewish heritage

23andMe is facing a lawsuit for allegedly failing to inform customers that they were targeted based on their Chinese and Ashkenazi Jewish heritage.
Hackers accessed customer accounts for months without detection, leaking sensitive information on the dark web.

23andMe Breach Targeted Jewish and Chinese Customers, Lawsuit Says

23andMe is being sued for failing to protect the privacy of customers whose personal information was exposed in a data breach.
The lawsuit alleges that customers with Chinese and Ashkenazi Jewish heritage were specifically targeted and their genetic information was sold on the dark web.
moredata-breach

23andMe Is Sinking Fast. Can the Company Survive?

23andMe struggled to retain customers after initial interest due to lack of continued engagement and actionable health advice.

Bankruptcy Sale of DNA Data: From Toysmart to 23andMe

23andMe's financial struggles may lead to the sale of DNA data from its 15 million customers, raising privacy concerns.
#privacy
from The Atlantic
1 month ago
Health

Remember That DNA You Gave 23andMe?

23andMe's financial instability raises concerns about the potential sale of its customers' DNA data and privacy risks.

The 23andMe Data Breach Keeps Spiraling

Genetic testing company 23andMe has revealed more details about a data breach that occurred in October, but the situation remains unclear and creates uncertainty for users.
Hackers were able to access a small percentage of user accounts, approximately 14,000, but the number doesn't include those impacted by data scraping from the company's social sharing service.
The attackers collected the personal data of about 5.5 million people who opted into DNA Relatives and an additional 1.4 million users who had their Family Tree profile information accessed.

Remember That DNA You Gave 23andMe?

23andMe's financial instability raises concerns about the potential sale of its customers' DNA data and privacy risks.

The 23andMe Data Breach Keeps Spiraling

Genetic testing company 23andMe has revealed more details about a data breach that occurred in October, but the situation remains unclear and creates uncertainty for users.
Hackers were able to access a small percentage of user accounts, approximately 14,000, but the number doesn't include those impacted by data scraping from the company's social sharing service.
The attackers collected the personal data of about 5.5 million people who opted into DNA Relatives and an additional 1.4 million users who had their Family Tree profile information accessed.
moreprivacy
#board-resignation

Read the memo 23andMe's cofounder sent to staff after the entire board quit

The entire board of 23andMe resigned due to differences in views with CEO Anne Wojcicki regarding plans to take the company private.

23andMe Board Resigns: 'Differences' With CEO Anne Wojcicki | Entrepreneur

23andMe's board crisis reflects a struggle for strategic direction between CEO Anne Wojcicki and resigning directors amidst financial instability.

Read the memo 23andMe's cofounder sent to staff after the entire board quit

The entire board of 23andMe resigned due to differences in views with CEO Anne Wojcicki regarding plans to take the company private.

23andMe Board Resigns: 'Differences' With CEO Anne Wojcicki | Entrepreneur

23andMe's board crisis reflects a struggle for strategic direction between CEO Anne Wojcicki and resigning directors amidst financial instability.
moreboard-resignation

23andMe sees independent board directors quit en masse | TechCrunch

23andMe's declining market value and loss of investor confidence illustrate challenges faced by personal genomics companies in maintaining relevance.

Multiple Data Leaks at 23andme

Genetics testing firm 23andme and its users were targeted by cybercriminals who leaked or breached millions of user profiles and genetic data records.
The threat actors accessed user accounts through credential stuffing and scraped data from the DNA Relatives feature.

23andMe responds to breach with new suit-limiting user terms

23andMe's probe into their data breach has revealed that millions of leaked records originated from just 14,000 accounts.
The breach was enabled through credential stuffing, indicating that users were guilty of password reuse and lack of multifactor authentication.

23andMe updates terms of service to shield itself from class-action lawsuits after data breach

23andMe changed its terms of service to prevent customers from suing the company or pursuing class-action lawsuits.
It is unclear if 23andMe is attempting to retroactively shield itself from lawsuits related to the data breach.

'It scared the hell out of me,' says lead plaintiff in proposed class-action suit over data breach at 23andMe | CBC News

A proposed class-action lawsuit against 23andMe is expected to include more people in Canada after the company revealed a data breach affecting millions of customers.
The breach exposed delicate personal data, including birth year, geographic location, health information, and DNA profiles.
Experts warn that data breaches like this serve as a warning to individuals considering sharing their sensitive genetic information with testing companies.

23andMe admits hackers accessed 6.9 million users' DNA Relatives data

A recent breach at 23andMe leaked data belonging to 6.9 million users
The breach affected around 5.5 million users with DNA Relatives enabled and 1.4 million people with family tree profiles accessed

23andMe hacked: Was my ancestry or DNA data impacted?

Approximately 6.9 million users of 23andMe had their data accessed by hackers.
The hack initially affected around 14,000 users, but the number expanded due to the DNA Relatives feature.

23andMe Hack Breaches 6.9 Million Users' Info, Including Some's Health Data

23andMe revealed that 6.9 million of its customers had their data compromised by a hacker earlier this year, including users' ancestry and health-related information.
Privacy advocates have long warned about the risks of sharing genetic information with testing companies like 23andMe and Ancestry.

Genetic testing firm 23andMe admits hackers accessed DNA data of 7m users

Nearly 7 million people have been affected by a security breach at 23andMe that exposed DNA ancestry information.
Hackers accessed personal data of 0.1% of customers, but also had access to files containing profile information of other users.

23andMe says health data was included in hack that compromised 6.9 million users

6.9 million 23andMe users had their data compromised by a hacker, including ancestry and health-related information.
Users who choose to share information with genetically related individuals put even more users at risk of having their data accessed.

23andMe hackers accessed ancestry information from thousands of customers and their DNA relatives

A data breach at 23andMe affected about 14,000 of its 14 million customers, with hackers accessing profile and health-related information through a credential-stuffing attack.
23andMe believes the threat actor activity is contained and is working to have the publicly-posted information taken down.

23andMe Wants To Make CTV Part Of Its DNA | AdExchanger

23andMe launches campaign to raise awareness about its health services
The campaign features testimonials from users who discovered health issues through genetic testing
23andMe targets new users through surveys and audience profiling

Battered and bruised 23andMe faces probe after hack that stole seven million users' data

23andMe facing scrutiny following a security breach compromising 7 million users' data.
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