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☆ 23andMe reports sales decline day after announcing plans to cut 40% of workforce
▼ + stars: | 2024-11-12 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business restructuring plan. The genetics company reported $44.1 million in revenue for the fiscal second quarter, down from $50 million in the same period last year. 23andMe's net loss narrowed to $59.1 million, or a $2.32 per share, from $75.27 million, or $3.17 per share, a year ago. It's evaluating strategic options like asset sales and licensing agreements to "maximize the value" of the therapeutic programs, the release said. Wojcicki has repeatedly stated her intention to take 23andMe private, though she didn't address the plans on Tuesday.

Persons: Anne Wojcicki, They've, 23andMe, Wojcicki Organizations: Nasdaq, NASDAQ, SEC

☆ 23andMe cuts 40% of its workforce, discontinues all therapy programs
▼ + stars: | 2024-11-11 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

CNN —Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as part of a restructuring program. “We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success of our core consumer business and research partnerships,” said CEO Anne Wojcicki. The company said it is evaluating strategic alternatives, including licensing agreements and asset sales, for its therapies in development. In July, the CEO and co-founder proposed to acquire all outstanding shares of the firm not already owned by her or her affiliates for 40 cents each. After Monday’s restructuring plan, the company expects annualized cost savings of more than $35 million.

Persons: 23andMe, ”, Anne Wojcicki Organizations: CNN

☆ 23andMe appoints new board members as it works to stem the company's slide
▼ + stars: | 2024-10-30 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

23andMe said it appointed three new independent directors to its board on Monday. Advertisement23andMe has appointed three new independent directors to its board following the mass resignation of all seven of its previous members last month. The seven previous board members resigned in September in a letter addressed to Wojcicki, citing the company's direction. Wojcicki shared a proposal to take 23andMe private in a July SEC filing, which was reviewed by a special committee formed by the board of directors. The special committee responded less than a week later, writing they were "disappointed" in the proposal.

Persons: 23andMe, —, Andre Fernandez, Mark Jensen, Jim Frankola, Fernandez, Jensen, Frankola, Anne Wojcicki, Kimberly White, Wojcicki Organizations: Service, SEC, Deloitte, 23andMe Board, Company, Business Locations: American

☆ 23andMe appoints three new board members following abrupt resignations
▼ + stars: | 2024-10-29 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

23andMe appointed three new independent directors to its board, the company announced Tuesday, one month after all seven of its previous directors abrubtly resigned. Fernandez, Frankola and Jensen will all serve on the board's audit committee and compensation committee, the company said. The company's stock was trading around $5 on Tuesday morning. To help 23andMe explore potential paths forward, the previous independent directors on the company's board formed a special committee in late March. In the weeks following the board members' departures, Wojcicki has repeatedly said she remains committed to taking the company private.

Persons: Anne Wojcicki, Kelly Sullivan, 23andMe, abrubtly, Andre Fernandez, Jim Frankola, Mark Jensen, Fernandez, Frankola, Jensen, Wojcicki Organizations: Deloitte, 23andMe Board, Company Locations: ATHERTON , CALIFORNIA, Atherton , California

☆ 23andMe users are worried about what might happen to their data. Here's what the company says.
▼ + stars: | 2024-10-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Some have called for users to delete data out of concern policies may change with new ownership. AdvertisementThe future of 23andMe is uncertain, and so is the fate of the data it has collected from millions of users. Business Insider asked the company itself, and a 23andMe spokesperson directed us to its privacy statement. The spokesperson added that 23andMe's privacy statement would apply "unless and until customers are presented with a new privacy statement by a new entity." In a different post, Eva Galperin, director of cybersecurity at Electronic Frontier Foundation, recommended 23andMe users request that their data be deleted.

Persons: —, Anne Wojcicki, she's, 23andMe, Anne, you've, Eva Galperin, it's Organizations: Service, Business, Electronic Frontier Foundation Locations: 23andMe

☆ 23andMe is floundering. Here is how to delete your data.
▼ + stars: | 2024-10-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

Here is how to delete your 23andMe data. A data breach notification filing in January said it took 23andMe five months to realize hackers had stolen the data. Here's how to ask 23andMe to delete your dataUsers who want their personal information removed from 23andMe can opt-out in the "23andMe Data" section in Account Settings. For users who participated in 23andMe Research, their genetic data and self-reported information won't be used in future research projects. "Deleting an account and associated data will permanently delete the data associated with all profiles within the account.

Persons: —, 23andMe, 23andMe's, Anne Wojcicki, Steve Jennings, Wojcicki, James Hazel Organizations: Service, 23andMe, Reuters, Company, Getty, Street Journal, SEC, Electronic Frontier Foundation, Research Locations: Crunchbase

☆ What happened to 23andMe?
▼ + stars: | 2024-09-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Takes the company public. 23andMe went public in 2021, jumping on the SPAC trend of the era, when a bunch of companies went public via “special purpose acquisition companies” — essentially shell-company mergers that let firms go public in a hurry when investor appetite is strong. 23andMe co-founder and CEO Anne Wojcicki, pictured in 2020. Side note: I did my own 23andMe test, in 2019, motivated by a millennial compulsion to spend money on any product that promises to alleviate and/or deepen my corporeal angst. 23andMe has tried to convert one-time buyers into subscribers with the promise of continued feedback and personalized wellness plans.

Persons: CNN Business ’, it’d, Anne Wojcicki, ”, It’s, Susan Wojcicki, 23andMe, Emma McIntyre, Oprah’s, there’s …, Wojcicki, “ Organizations: CNN Business, New York CNN, Yale, Google, Wall Street, Wall Street Journal Locations: New York, Bay

☆ Read the memo 23andMe's cofounder sent to staff after the entire board quit
▼ + stars: | 2024-09-19 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

23andMe's board resigned over a 'distracting difference of view' with cofounder Anne Wojcicki. The board rejected an earlier proposal by Wojcicki to take the company private. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement23andMe's entire board of directors resigned from the company over cofounder and CEO Anne Wojcicki's ongoing plans to take it private.

Persons: 23andMe's, Anne Wojcicki, Wojcicki, —, Anne Wojcicki's Organizations: Service, Business

☆ 23andMe CEO Anne Wojcicki 'surprised and disappointed' by board resignations: Read the memo
▼ + stars: | 2024-09-17 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

All seven independent directors of 23andMe resigned from the company's board Tuesday, a move that CEO Anne Wojcicki said left her "surprised and disappointed," according to a memo to employees. Wojcicki, who co-founded 23andMe in 2006, said she remains committed to taking the company private. Wojcicki wrote in the employee memo, which was viewed by CNBC, that she still sees taking 23andMe private as its "best opportunity for long term success." The company will begin a search for new independent directors to join the board, she added. AnneWATCH: 23andMe CEO files to take company private

Persons: Anne Wojcicki, 23andMe, Wojcicki, Here's, Anne Organizations: 23andme Inc, Southwest, CNBC, 23andMe, Board Locations: Austin , Texas

☆ 23andMe CEO Anne Wojcicki files proposal to take company private as stock craters
▼ + stars: | 2024-07-31 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Anne Wojcicki, CEO of 23andMe , has submitted a proposal to take the genetic testing company private as its stock price continues to hover below $1. The proposed price of 40 cents per share reflects an 11% premium to 23andMe's closing stock price from April. 23andMe went public in 2021 via a merger with a special purpose acquisition company, which valued the company at around $3.5 billion. In November, the company received a deficiency letter from the Nasdaq Listing Qualifications Department, which said the company had 180 days to bring its share price back above $1. The Special Committee will need to approve or reject Wojcicki's proposal to take the company private, according to the filing Wednesday.

Persons: Anne Wojcicki, Wojcicki, 23andMe Organizations: U.S . Securities, Exchange Commission, Nasdaq, Department Locations: Sunnyvale , California

☆ 23andMe's business is basically worthless. Its CEO now wants to buy it.
▼ + stars: | 2024-04-18 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

23andMe cofounder and CEO Anne Wojcicki wants to take the once-hot DNA company private. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Advertisement23andMe — the struggling DNA company once valued in the billions — was essentially worthless as of Wednesday. But in a filing late Wednesday, Anne Wojcicki revealed she wants to buy back the company she cofounded in 2006 and take it private. This story is available exclusively to Business Insider subscribers.

Persons: Anne Wojcicki, 23andMe, —, Wojcicki Organizations: Service, SEC, Business

☆ 23andMe CEO Anne Wojcicki considers taking company private
▼ + stars: | 2024-04-18 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Anne Wojcicki, the CEO of 23andMe , is considering a proposal to take the genetic testing company private after its stock price tumbled more than 95% from its 2021 highs. She "wishes to maintain control" of the company and will "not be willing to support any alternative transaction," the filing said. 23andMe went public in 2021 via a merger with a special purpose acquisition company, which valued the company at around $3.5 billion. The company's board of directors formed a "Special Committee" in late March to help explore options that could juice the stock. "The Special Committee is committed to acting in the best interests of 23andMe and its shareholders."

Persons: Anne Wojcicki, Wojcicki, 23andMe, Wells Organizations: Securities and Exchange Commission, Nasdaq, Department Locations: Wells Fargo

☆ 8 of the best looks at the 'Oscars of Science,' where tech execs like Elon Musk mingled with Kim Kardashian and other stars
▼ + stars: | 2024-04-15 | by ( Maria Noyen | Amanda Krause | ) www.businessinsider.com time to read: +1 min

The Breakthrough Prize Awards were hosted in Los Angeles on Saturday. Nicknamed the "Oscars of Science," the ceremony brought together an array of famous faces. From Kim Kardashian to Elon Musk, here's a look at eight of the best-dressed attendees. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Breakthrough Prize Awards, dubbed the "Oscars of Science," took place in Los Angeles on Saturday.

Persons: Kim Kardashian, Elon Musk, —, Mark Zuckerberg, Sergey Brin, Anne Wojcicki, Carl H Organizations: Service, Business Locations: Los Angeles

☆ Sergey Brin once hosted a bizarre baby shower where big-name guests wore oversized diapers and onesies, book says
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sergey Brin once hosted a bizarre baby shower featuring oversize diapers and adult onesies. Brin, who stepped back from Alphabet in 2019, has returned to help shape Google's AI strategy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle cofounder Sergey Brin once hosted a bizarre baby shower where guests wore oversized diapers and adult-sized onesies.

Persons: Sergey Brin, Kara Swisher's, Brin, —, Kara Swisher, San Francisco soiree, Swisher, Wendi Deng, Rupert Murdoch, Anne Wojcicki, Gavin Newsom, Newsom, Larry Page, John Doerr, she'd, Page Organizations: Service, San, Francisco, Business, Microsoft Locations: San Francisco

☆ This startup wants to find cancer faster with AI-powered full-body scans. See the 22-slide pitch deck that got Ezra $21 million.
▼ + stars: | 2024-02-08 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Read previewLast August, Kim Kardashian posted on Instagram that she'd gotten a full-body MRI scan from the startup Prenuvo, which sparked a national conversation about the merits of preventive imaging. With Kardashian's help, the scans were finally making headlines — and healthtech startup Ezra felt their impact. "The day that Kim Kardashian got a scan, even though it wasn't an Ezra scan, our day-over-day revenue spiked," Ezra CEO and cofounder Emi Gal told Business Insider. Those tailwinds have propelled growth for Ezra, which partners with radiology clinics to perform full-body MRI scans. And, with Ezra's scans, that startup has "helped hundreds of people find cancer," he added.

Persons: —, Kim Kardashian, she'd, Ezra, Emi Gal, Amir Dan Rubin, Anne Wojcicki, Vlad Tenev, David Prior, Esther Dyson, — Gal, Ezra Flash, radiologists, Gal, We've Organizations: Service, Business, VC, FirstMark, Firms, Allianz Life Ventures, Mana Ventures, Ventures, Seedcamp, LDV Locations: Gaingels, Republic

☆ 23andMe considers splitting up company to revive stock price
▼ + stars: | 2024-02-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Shares of 23andMe sank 21% on Thursday, a day after the genetic testing company reported dismal fiscal third-quarter results and discussed splitting itself in two to help juice its stock price. 23andMe reported revenue of $45 million for the quarter, down from the $67 million it reported in the same period last year. The five-time CNBC Disruptor 50 company went public in 2021 via a merger with a special purpose acquisition company, a deal that valued the company at around $3.5 billion. The company has launched additional therapeutics and research businesses, but its share price has tumbled more than 95% from its peak. They lowered their target price for the stock to 85 cents from 90 cents.

Persons: 23andMe, Anne Wojcicki, Sergey Brin, Forbes, Joe Selsavage, Selsavage Organizations: TechCrunch, 23andMe, Nasdaq, U.S . Securities, Exchange Commission, CNBC Disruptor, Citi, CNBC PRO Locations: San Francisco , California, 23andMe

☆ Premarket stocks: Main Street is still investing like it’s 2023
▼ + stars: | 2024-02-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Before the Bell spoke to Joe Mazola, director of Schwab Trader Education, about the growing importance of retail investors in markets, where Main Street is investing and why people are still enamored with Elon Musk. Why is it so important to single out retail investors and track where they’re putting their money? Is there a big difference between what retail investors and institutional investors are doing right now? That means the Fed is due to cut rates in 2024, which officials themselves projected in December. We just want some more confidence before we take that very important step of beginning to cut interest rates,” he told “60 Minutes” correspondent Scott Pelley.

Persons: Elon Musk’s, Tesla, Charles Schwab, Schwab, Bell, Joe Mazola, Elon Musk, Joe Mazzola, it’s, they’re, there’s, They’ve, Powell, Jerome Powell, “ We’ve, ” Powell, ”, Price, “, Scott Pelley, Read, 23andMe, Anne Wojcicki, ” Wojcicki, they’ve, Wojcicki Organizations: CNN Business, Bell, New York CNN, Tesla, Big Tech, Nvidia, Amazon, Microsoft, Devices, Schwab Trader Education, Elon, Treasury, Federal Reserve, Investors, CBS, Fed, Nasdaq, CNN Locations: New York, Street, Silicon Valley

☆ 23andMe is low on cash and its stock is worth pennies. The CEO wants another chance
▼ + stars: | 2024-02-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Just three years ago, DNA testing company 23andMe was the golden child of Wall Street and Silicon Valley. In 2018, 23andMe agreed to a five-year exclusive drug development partnership with GSK (formerly GlaxoSmithKline). Genetic testing company 23andMe, once valued at $6 billion, is facing the possibility of delisting from NASDAQ. Justin Sullivan/Getty ImagesSo far, the partnership between GSK and 23andMe has produced more than 50 new drug targets. But drug discovery is a very long process and it can be anywhere from 10 to 15 years on average from target discovery to an FDA-approved drug.

Persons: New York CNN —, 23andMe, Anne Wojcicki, ” Wojcicki, “, Susan Wojcicki, Sergey Brin, Kyle Grillot, Wojcicki, they’ve, ”, we’re, “ We’ve, Steven Mah, TD Cowen, Mah, they’re, Justin Sullivan Organizations: New, New York CNN, Nasdaq, CNN, Stanford, Palo Alto High School, YouTube, Google, 23andMe Inc, Bloomberg, Time Magazine, P Biotech ETF, GSK, GlaxoSmithKline, NASDAQ, Big Pharma, it’s Locations: New York, Silicon Valley, Los Angeles , California, U.S, London, Sunnyvale , California, United States

☆ Exclusive: Organic baby food startup Yumi has slashed its valuation after running low on cash
▼ + stars: | 2024-01-31 | by ( Ben Bergman | ) www.businessinsider.com time to read: +3 min

Yumi, a startup backed by a long list of prominent Silicon Valley investors that makes high-end organic baby food, is raising a down round that values the company at around $40 million, Business Insider has learned. The funding represents a substantial discount from Yumi's Series B round in 2021, which valued the company at more than $300 million, according to Pitchbook data. It also means Yumi has burned through more than twice as much cash, nearly $90 million dollars, as it is currently worth. Startup fundraising tumbled to a five-year low in 2023 with funding for e-commerce and shopping startups down 60%, according to Crunchbase data. Convoy, the freight startup that was once called the "Uber for trucking" and raised more than $1 billion, shut down in November.

Persons: Yumi, Evelyn Rusli, Angela Sutherland, Gerber, Sutherland, Rusli, Anne Wojcicki, Gabrielle Union, Warby Parker, Goldman Sachs, Christina Minnis, Kelly Coffey, Masha Drokova, Lauren Dillard Organizations: Business, BI, Walmart, New York Times, Wall Street Journal, New Enterprise Associates, Uber, City National Bank, One Ventures, Nasdaq, Startup, Convoy, Olive Locations: millennials

☆ Orchid tests embryos for genetic diseases. It just raised $12 million with this 11-slide pitch deck.
▼ + stars: | 2023-12-05 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +4 min

Orchid, a startup that tests embryos for genetic diseases, has just raised $12 million. "The way that IVF and embryo screening works today is the amount of information available is really limited," Orchid CEO and cofounder Noor Siddiqui said. Genetic testing has been around for years, but it has been usually limited in the diseases it can identify, which include cystic fibrosis, Bloomberg reported. Orchid produces reports with two types of genetic testing: monogenic and polygenic. The cost of the test depends on the number of embryos that Orchid tests.

Persons: Noor Siddiqui, Siddiqui, Orchid, Dylan, Anne Wojcicki, Fidji Simo, Peter Kraft Organizations: Business, Bloomberg, Prometheus Fund, Starbloom Capital, One Ventures, Los Angeles Times Locations: San Francisco, Pebblebed

☆ Patients are lining up for $2,500 full-body MRI scans that can detect cancer early
▼ + stars: | 2023-11-10 | by ( Ashley Capoot | ) www.cnbc.com time to read: +10 min

Prenuvo MRI machine Courtesy of PrenuvoWhile celebrating the July Fourth holiday last year on a boat in Tyler, Texas, Dr. Julianne Santarosa received the results from her full-body MRI scan. In addition to full-body scans, Prenuvo offers a head and torso scan for $1,800 and a scan of just the torso for $1,000. Some companies have started offering Prenuvo scans as a perk for employees, which has helped increase access to the technology. Medical experts caution that, in addition to the steep price, full-body MRI scans won't catch everything and aren't meant to replace targeted screenings like colonoscopies and mammograms. He found a radiologist who was offering an early version of a full-body MRI scan.

Persons: Julianne Santarosa, hadn't, she'd, Santarosa, Kim Kardashian, Cindy Crawford, Eric Schmidt, 23andMe, Anne Wojcicki, Tony Fadell, Andrew Lacy, Lacy, it's, Prenuvo, Jasnit, Dr, Kimberly Amrami, Amrami, It's, Prenuvo Lacy, Eduardo Dolhun, Dolhun Organizations: CNBC, Facebook, Google, Nest Labs, Felicis Ventures, U.S . Food, Drug Administration, Association of American Medical Colleges, Columbia University Medical Center, Mayo Clinic Rochester, Mayo Clinic Locations: Tyler , Texas, Prenuvo, Dallas, U.S, Canada, London, Sydney, New York, Los Angeles, Irving, New York City , New York, York, San Francisco, Vancouver, British Columbia

☆ US senator asks 23andMe for details after reported data for sale online
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: 1 min

Attendees purchase DNA kits at the 23andMe booth at the RootsTech annual genealogical event in Salt Lake City, Utah, U.S., February 28, 2019. REUTERS/George Frey/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - The top Republican on the U.S. Senate's health committee has called on the chief executive of 23andMe (ME.O) to provide the panel with details after data from the family genetics website was advertised for sale on the dark web. Senator Bill Cassidy, the ranking member on the Senate Health, Education, Labor, and Pensions Committee, expressed concerns in a letter to CEO Anne Wojcicki, and asked for more information. A hacker advertised 23andMe data earlier this month, but 23andMe said in a statement that the company itself had not been breached. Reporting by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.

Persons: George Frey, Bill Cassidy, Anne Wojcicki, 23andMe, Susan Heavey Organizations: REUTERS, Rights, Republican, 23andMe, Senate Health, Education, Labor, Pensions, Thomson Locations: Salt Lake City , Utah, U.S

☆ User data stolen from genetic testing giant 23andMe is now for sale on the dark web
▼ + stars: | 2023-10-07 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

User data from 23andMe accounts has been leaked and put up for sale on a dark web forum. The data appears to have been gathered from user credentials that were exposed in prior data breaches, and the company's security systems have not been breached, according to 23andMe. In other words, the hackers plugged in leaked username-password combinations into 23andMe accounts in a technique known as "credential stuffing." Those with European or Ashkenazi ancestry are likely to have many matches via the DNA Relatives feature compared to people with Asian or Middle Eastern ancestry, 23andMe also notes on its website. The company — which shares anonymized user data with their consent with third parties — is encouraging users to enable multi-factor authentication to prevent further attacks.

Persons: —, Mark Zuckerberg, Sergey Brin, Elon Musk, Anne Wojcicki —, Susan Wojcicki, 23andMe Organizations: Service, Wired

☆ Our crisis of loneliness, the new bet investors are going after
▼ + stars: | 2023-10-04 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +13 min

Not long after founding the startup, Gaon shared his vision with famed venture capitalist Marc Andreessen. It was notable to Gaon at the time that Andreessen — "one of those investors who's known for seeing where the market is going" — appeared to have pinpointed loneliness as its own market. That moved her parents, Cindy and Anne Jordan, who had sold their first healthtech company years before, to found the Arizona company Pyx Health. "The loneliness crisis is bigger, and more urgent, than anything I've worked on before," Nyborg wrote in a blog post. Inspired debuted a thesis in 2020 that identified loneliness as a key focus for the firm to invest in.

Persons: Benjamin Gaon, Boaz Gaon, Benny, Gaon, Marc Andreessen, Andreessen, Wisdo, —, Anne Wojcicki, Marius Nacht, Andreessen Horowitz, Vivek Murthy, Betsy Hoover, Bumble, Rylie Sarabia, Cindy, Anne Jordan, policyholders, Dawn Owens, it's, Owens, Julie Rice, Elizabeth Cutler, Rice, Peoplehood, Phil Levin, Levin, Culdesac, Renate Nyborg, I've, Nyborg, Hugo Amsellem, He's, Ava, Catalyst, Nate Tepper, Tepper, Adam Besvinick, Frances Haugen, Hoover, Alexa von Tobel, von Tobel, David Spinks Organizations: Pyx, Labs, verve, Investors, Pyx Health, TT Capital Partners, New, Khosla Ventures, Sequoia Capita, AI Fund, NEA, AIs, Looking Glass, Anonymous, Glass, Facebook, Bloomberg Locations: Arizona, Minneapolis, New York, Ava, France, Peoplehood, Hopscotch

☆ Google cofounder Sergey Brin quietly divorced his wife this year after allegations that she had an affair with Elon Musk
▼ + stars: | 2023-09-15 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Sergey Brin filed for a divorce from his second wife, Nicole Shanahan, in January 2022. Affair allegations about Shanahan and Elon Musk sparked the split, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The two met at a yoga retreat in 2015, The Wall Street Journal reported last year. AdvertisementAdvertisementUnder the terms of their divorce, Shanahan and Brin are set to split legal and physical custody of their daughter, now 4.

Persons: Sergey Brin, Nicole Shanahan, Shanahan, Elon Musk, Brin's, Brin, Musk, Tesla, Larry Page, Sergey, Nicole, she'd, Anne Wojcicki Organizations: Street Journal, Service, Street, Echo Foundation, Twitter Locations: Wall, Silicon

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