In a dramatic turn of events, 23andMe has filed for Chapter 11 bankruptcy, leading to the immediate resignation of CEO Anne Wojcicki. The company plans to sell its assets while navigating financial turmoil and ongoing efforts to safeguard customer data.
In a surprising move, On The Border has filed for Chapter 11 bankruptcy, closing multiple locations in Michigan while aiming for a swift restructuring. The chain plans to focus on operational improvements and a potential asset sale.
