23andMe files for bankruptcy, Anne Wojcicki steps down as CEO
1. 23andMe filed for Chapter 11 bankruptcy, now valued under $50 million. 2. CEO Anne Wojcicki resigned, Joseph Selsavage named interim CEO. 3. Company struggles with recurring revenue and privacy concerns grow. 4. Wojcicki's attempt to take the company private was rejected. 5. 23andMe plans asset sale process post-bankruptcy filing.