23andMe CFO named interim CEO as genetic data sale looms: Trial Balance

For Sale: The Genetic Data of 16M People at 23andMe

The DNA of more than 15 million people who used 23andMe's genetic tests is up for sale. With the company filing for Chapter 11 bankruptcy and courting a buyer, its database of genetic information is set to be sold off, leaving users concerned about the fate of their very personal...

23andMe CFO named interim CEO as genetic data sale looms: Trial Balance

The direct-to-consumer genetic testing company filed for Chapter 11 bankruptcy, making one of the world’s largest genetic datasets available for sale.

Customers of the American company 23andMe are concerned about the security of their data. And it's not just any information – the company deals with DNA testing and creating genetic profiles.