What’s going on here? 23andMe, once a leader in genetic testing, has filed for bankruptcy after a massive data breach disrupted its operations and thwarted buyout attempts. What does this mean? Co-founded by Anne Wojcicki, 23andMe revolutionized genetic testing with its consumer kits launched in 2007, earning accolades as a groundbreaking innovation. But regulatory issues…
DNA Tester 23andMe Files Bankruptcy to Sell Firm, CEO Quits MSN Read the original article here
DNA Tester 23andMe Files Bankruptcy to Sell Firm, CEO Quits MSN Read the original article here
The worst is still to come with more insolvencies ahead The Australian Read the original article here
Justice John Tsoho, Chief Judge of the Federal High Court (FHC), has established an Insolvency Unit to enhance efficiency and improve service delivery within the court. Sulaiman Hassan, the Chief Registrar of the Federal High Court (FHC), announced the establishment of an Insolvency Unit in a statement issued on Sunday night in Abuja. According to…
(Bloomberg) — 23andMe Holding Co. filed bankruptcy after it was unable to find a buyer to rescue it from insolvency proceedings and the board of directors rejected a buyout offer from co-founder Anne Wojcicki. The Silicon Valley-based firm will continue marketing itself to investors with the goal of getting at least one binding offer by…
The former star of Channel 4’s SAS: Who Dares Wins and his wife Emilie were the directors of Sway and Starting Limited before it went into liquidation at the end of 2022. The Government’s Insolvency Service found that the couple were taking millions of pounds out of the company at the same time that taxes were…
The Chief Judge (CJ) of the Federal High Court (FHC), Justice John Tsoho, has established an Insolvency Unit to ensure efficient service delivery. The Chief Registrar of FHC, Sulaiman Hassan, shared this development in a statement in Abuja, Nigeria’s capital. The unit’s creation follows the provisions of the Companies and Allied Matters Act (CAMA), 2020;…
Two former senior figures at bankrupt Woking council are to be investigated by the UK’s accounting watchdog after it racked up more than £2bn in debt on a failed investment spree. The Surrey council declared itself effectively bankrupt in 2023 after ploughing vast sums of borrowed money into skyscrapers, a luxury hotel and other risky…
The former star of Channel 4’s SAS: Who Dares Wins and his wife Emilie were the directors of Sway and Starting Limited before it went into liquidation at the end of 2022. The Government’s Insolvency Service found that the couple were taking millions of pounds out of the company at the same time that taxes were…