Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival

Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival

Precision Neuroscience’s Layer 7 Cortical Interface Courtesy of Precision Neuroscience Neurotech startup Precision Neuroscience on Thursday announced that a core component of its brain implant system has been approved by the U.S. Food and Drug Administration, a major win for the four-year-old company. Precision is building a brain-computer interface, or a BCI, which is a … Read more

23andMe bankruptcy under congressional investigation for customer data

23andMe bankruptcy under congressional investigation for customer data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images The House Committee on Energy and Commerce is investigating 23andMe‘s decision to file for Chapter 11 bankruptcy protection and has expressed concern that its sensitive genetic data is “at risk of being compromised,” CNBC has … Read more

UnitedHealth is making struggling doctors repay loans issued after last year’s cyberattack

UnitedHealth is making struggling doctors repay loans issued after last year’s cyberattack

UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee on Capitol Hill in Washington, May 1, 2024. Kent Nishimura | Getty Images Following the massive cyberattack on UnitedHealth Group’s Change Healthcare unit last year, the company launched a temporary funding assistance program to help medical practices with their short-term cash flow needs, offering no-interest … Read more

Hard-hit Apple bounces back with the market, and an analyst is divided on our drug stocks

Hard-hit Apple bounces back with the market, and an analyst is divided on our drug stocks

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Wall Street surged Tuesday on increased hopes of tariff deals, following a wickedly volatile session Monday. The Dow Jones Industrial Average climbed around 1,400 points, or 3.7%. The S … Read more

Digital health startup Transcarent takes Accolade private in $621 million deal

Digital health startup Transcarent takes Accolade private in 1 million deal

Glen Tullman, chairman and chief executive officer at Livongo Health Inc., speaks during the 2015 Bloomberg Technology Conference in San Francisco, California, U.S., on Tuesday, June 16, 2015. David Paul Morris | Bloomberg | Getty Images Digital health startup Transcarent on Tuesday announced it completed its acquisition of Accolade in a deal valued at roughly $621 million.  Transcarent … Read more

Hims & Hers shares rise as company adds new weight-loss medications to platform

Hims & Hers shares rise as company adds new weight-loss medications to platform

The Hims app arranged on a smartphone in New York on Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health shares rose more than 5% on Tuesday after the company announced patients can access Eli Lilly‘s weight loss medication Zepbound and diabetes drug Mounjaro, as well as the generic injection … Read more

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Vin Gupta, then-chief medical officer at Amazon Pharmacy, speaks during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington, on Oct. 18, 2023. Jason Redmond | Afp | Getty Images Amazon has lost the chief medical officer of its pharmacy division after five years at … Read more

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

A view of 23andMe headquarters in Sunnyvale, California, United States on March 25, 2025.  Tayfun Coskun | Anadolu | Getty Images 23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetics testing company that spiraled into Chapter 11 bankruptcy protection this week. Avey helped launch … Read more

With 23andMe entering bankruptcy, here’s how to delete your genetic data

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe has officially filed for Chapter 11 bankruptcy protection, which means its assets — including its vast genetic database — will soon be up for sale. The company continues to sell its at-home DNA … Read more

23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday … Read more