23andMe files for Chapter 11 bankruptcy to "maximize the value of its business"; co-founder Anne Wojcicki steps down as CEO (Harry Suhartono/Bloomberg)

Harry Suhartono / Bloomberg:

23andMe files for Chapter 11 bankruptcy to “maximize the value of its business”; co-founder Anne Wojcicki steps down as CEO  —  The Silicon Valley-based firm commenced Chapter 11 proceedings in the US Bankruptcy Court for the Eastern District of Missouri to “maximize the value of its business,” according to a statement.

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