Wednesday, February 5, 2020

After layoffs at 23andMe, Ancestry says it is laying off 6%, citing slowdown across entire DNA testing category, now that most of early adopters have enrolled (Christina Farr/CNBC)

Christina Farr / CNBC:
After layoffs at 23andMe, Ancestry says it is laying off 6%, citing slowdown across entire DNA testing category, now that most of early adopters have enrolled  —  - Ancestry, following 23andMe, made the decision to lay off some employees.  It confirmed to CNBC that the cuts affected 6% of its workforce.



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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...