The New York Times (3/24) reports that 23andMe filed for bankruptcy late Sunday night and announced the resignation of CEO Anne Wojcicki “after months of uncertainty over its business model and mounting concerns about the security of the troves of customer data it holds.” In a statement, 23andMe said it “intends to continue operating during the sale process, with no changes to the way it stores, manages or protects customer data.” The company was trading “at less than $50 million last week, before the bankruptcy filing.” One reason for declining earnings “was attributed to fewer test kits being ordered. That came after a data breach in 2023, in which hackers appeared to target Jewish and Chinese customers, and gained access to personal information from nearly seven million profiles.” A subsequent class-action lawsuit “accused the company of failing to notify those customers that they had been targeted.” The AP (3/24, Grantham-Philips) reports Wojcicki, who co-founded 23andMe nearly two decades ago, will step down as CEO effective immediately but remain on its board. Her resignation “comes just weeks after a board committee rejected a nonbinding acquisition proposal from Wojcicki, who has been trying to take the company private.” Reuters (3/23, Shah, Kalia, Misra) reported public officials, including California Attorney General Rob Bonta, “had questioned what would happen to the genetic data collected by 23andMe, though the company’s privacy policies say that the data could be sold to other firms. The company said the bankruptcy process will not affect how it stores, manages or protects customer data.” Nevertheless, Bonta “urged customers to delete their genetic data, citing 23andMe’s financial distress.” Also reporting are the Washington Post (3/24), the Wall Street Journal (3/24, Winkler, Kao, Subscription Publication), Bloomberg (3/24, Suhartono, Subscription Publication), the Los Angeles Times (3/24, Petrow-Cohen), CBS News (3/24, Dakss), NBC News (3/24, Capoot), and STAT (3/24, Mast, Subscription Publication).