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DNA testing company 23andMe files for bankruptcy protection, CEO resigns

  • Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S.
  • The CEO, Anne Wojcicki, has resigned and is now an independent bidder for the company.
  • The company's market capitalization has plummeted over 99% since going public in 2021.
  • 23andMe suffered a cyberattack in 2023, leading to a data breach and subsequent legal issues.

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