The genetic testing company 23andMe $ME, which filed for bankruptcy earlier this year, has informed the U.S. bankruptcy court of its intention to reopen the auction process for the sale of its assets, including its extensive repository of customer genetic data. This move follows a new bid of $305 million from 23andMe’s co-founder, Anne Wojcicki, surpassing the previous leading offer of $256 million from pharmaceutical giant Regeneron Pharmaceuticals $REGN. The initial auction was expected to conclude in May, but this fresh proposal could reshape the company’s financial and operational future.
On Tuesday, the widely popular online gaming platform Roblox $RBLX experienced a significant outage affecting tens of thousands of users across the United States. According to real-time outage tracking site Downdetector.com, the platform faced widespread service interruptions, impacting the gaming experience and accessibility for a large segment of its user base.
Alphabet Inc. $GOOGL, the parent company of Google, has reached a preliminary settlement in a shareholder lawsuit accusing the tech giant of failing to adequately oversee antitrust risks. According to legal filings submitted late Friday, Alphabet has agreed to spend $500 million over ten years to restructure and reinforce its compliance and governance mechanisms.