Bankruptcy
23andMe files for bankruptcy, customers advised to delete DNA data
California-based genetic testing provider 23andMe has filed for Chapter 11 bankruptcy and plans to sell its assets following years of financial struggles. 23andMe has been providing direct-to-consumer DNA testing services since November 2007 to customers who send a saliva sample and receive a report on their ancestry and genetic predispositions. Since then, 23andMe has sold over […]
Vodka maker Stoli files for bankruptcy in US after ransomware attack
Stoli Group’s U.S. companies have filed for bankruptcy following an August ransomware attack and Russian authorities seizing the company’s remaining distilleries in the country. As Chris Caldwell, the President and Global Chief Executive Officer of Stoli USA and Kentucky Owl, the two Stoli Group subsidiaries, said in a Friday filing, this comes after the August attack […]