In a surprising turn of events, Regeneron has announced its acquisition of 23andMe for $256 million following the company's bankruptcy. The pharma giant aims to leverage 23andMe's vast customer data for drug discovery while prioritizing privacy and security.
Coinbase has reported a data breach by unknown hackers who stole customer information but did not access passwords. The company is taking measures to prevent future attacks and is offering a reward for information on the attackers.
Apple Inc. is set to analyze customer data directly from devices to enhance its AI platform. This strategic shift aims to balance user privacy with the need for real-world data to improve AI accuracy.
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.