In April, Wojcicki notified the members of the board's special committee of her intention to make an offer for the genetic testing firm and take it private...
- 23andMe co-founder and chief executive Anne Wojcicki made a non-binding proposal to the board to acquire all of the company's outstanding shares not already owned by her or her affiliates for $0.40 per share, a filing showed on Wednesday.
The proposal, which Wojcicki made on July 29, indicated that she continued to have discussions with potential equity financing sources, the filing showed.The offer is conditioned upon approval of the company's special committee and there can be no assurance that the proposal will result in any definitive agreement, transaction or any other strategic alternative, the filing said.
Meta's Reality Labs division is still bleeding billions of dollars a quarter. Reality Labs reported a loss of $4.48 billion in its second quarter earnings, while its revenue was only $353 million.The man accused of being the mastermind behind the 9/11 attacks and his two co-defendants have agreed to plead guilty, say US officials. Khalid Sheikh Mohammed, Walid bin Attash and Mustafa al-Hawsawi are expected to enter the pleas at the military commission at Guantanamo Bay as soon as next week.
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