23andMe files for bankruptcy, CEO steps down

Biotechnology company 23andMe has filed for bankruptcy, with co-founder and CEO Anne Wojcicki stepping down, effective immediately.

On Sunday, 23andMe filed a voluntary petition for bankruptcy in the U.S. Bankruptcy Court for the Eastern District of Missouri. According to a press release, it "intends to continue operating its business in the ordinary course throughout the sale process," with "no changes to the way the company stores, manages, or protects customer data."

The DNA testing...