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23andMe’s failure shows how risky it can be to invest in a SPACThe bankruptcy underscores the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations.
Just before the 23andMe SPAC deal closed, the stock belonging to ... giving investors the impression it is a risk-free investment. Some companies do not find appropriate acquisition targets ...
23andme says it owns the aggregated genetic data of its customers, meaning it can sell it to the highest bidder ...
23andMe is going bankrupt — underscoring the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations. When companies opt ...
Me on Sunday filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 data ...
DNA-testing company 23andMe has filed for bankruptcy, which means the future of the company’s vast trove of customer data is ...
It went public via a SPAC in 2021. Through the years ... Like any other service you log into and provide information to, 23andMe presents privacy risks that can be helped with basic safety ...
Blockchain advocates hope 23andMe’s bankruptcy will serve as a wake-up call regarding the need for decentralization.
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