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The Latest Breaking News from Darktrace

HP stuck 'on the horns of a dilemma' as it mulls chasing Mike Lynch's family for $4bn

Hewlett Packard risks causing a PR storm for very little in return if it goes ahead with plans to win money back for its disastrous Autonomy deal.

Fortune

Billionaire Autonomy cofounder Mike Lynch’s and Stephen Chamberlain’s careers were intertwined for years in a fraud trial. Then they died on the same day miles apart

Mike Lynch and Stephen Chamberlain were codefendants in a U.S. fraud trial. Here’s what we know about Chamberlain in the years preceding his death in the U.K., on the same day as Lynch’s yacht disaster in Italy.

Fortune

Mike Lynch leaves a complex, still-unfolding legacy

When Mike Lynch, described at one time as Britain’s Bill Gates, passed away last week, it was a shocking turn of events that would have sounded like a plot twist in an HBO show if it hadn’t been starkly real.

Fortune

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The sinking of Mike Lynch's super yacht adds to questions about Autonomy and Darktrace he wanted to put behind him

The sudden deaths of seven aboard the $25 million Bayesian have brought the complicated career of the ‘British Bill Gates’ to the fore.

Fortune

Guest list for Mike Lynch's fatal boat party filled with Autonomy players

Former employees of Autonomy, key figures in the HP acquisition, and lawyers who defended Lynch were all on board the Bayesian superyacht.

Fortune

$5.3 billion sale of Darktrace to move forward despite tragic yacht death of founding investor Mike Lynch

Mike Lynch was a shareholder of Darktrace when he passed.

Fortune

Darktrace—the cybersecurity firm backed by doomed tech tycoon Mike Lynch—attracts renewed scrutiny after yacht disaster

Darktrace is nearing a private equity acquisition just over a year after facing a short-seller campaign.

Fortune

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Mike Lynch dies at age 59—he spent many of his final months under house arrest

Mike Lynch’s fraud dispute with HP would define the last decade of his life.

Fortune

Who was Stephen Chamberlain, colleague of Mike Lynch who died after road collision?

Co-defendant in US fraud trial following sale of Autonomy to HP had been out jogging in Cambridgeshire

The Guardian - UK

Leading the charge: These 25 female-heavy C-suites highlight the dearth of women in Europe's boardrooms

Meet the 25 companies smashing the glass ceiling in Europe.

Fortune

Reeves must go beyond FCA reforms to save London listings

City Voices: Dealmakers will pounce on UK listed companies

Evening Standard

Why UK Major Firms Are Facing Takeover Attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

International Business Times

Cybersecurity firm Darktrace agrees $5.3bn sale to US private equity business

Offer for ‘cutting edge’ UK firm from Thoma Bravo signals another blow for the London Stock Exchange

The Guardian - UK

‘Crisis time’: The London Stock Exchange's £100 billion exodus

There could be even bigger seismic shocks ahead with firms like Shell considering leaving the London Stock Exchange

Evening Standard

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International Business Times

Cybersecurity Firm Darktrace Accepts $5 Bn Takeover

Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence".

Evening Standard

FTSE 100 Live 26 April: Anglo American rejects BHP, blue-chips hit another new record, $5bn Darktrace deal

Darktrace’s three year stay on the London stock market is set to end after the cybersecurity firm backed a £4 billion takeover by a US private equity firm.

Evening Standard

Darktrace to be bought by Thoma Bravo for $5.3 billion

Billionaire investor Mike Lynch stands to net £170 million from the deal

TechRadar

AI-powered social engineering attacks are seeing a huge rise - and that's a major problem

Hackers are using generative AI with great success, and IT pros are worried.

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Evening Standard

Darktrace shares pop on surprise guidance upgrade

Analysts said the stock ‘would sit well within the new UK ISA’

Evening Standard

The Standard’s share tips — how did we do in 2023?

If you’d bought the City desk's 2023 portfolio, you would have finished the year up almost 20% — and beaten most of the City's top-paid stock pickers

The Independent UK

AI Safety Summit discussions not focused on killer robots, says Darktrace boss

AI cyber security firm Darktrace’s chief executive, Poppy Gustafsson, said the summit’s meetings have been more ‘measured’ than she expected.

Evening Standard

Darktrace reassures on earnings cut as it ramps up M&A war chest

Darktrace today sought to calm investor nerves over a cut in earnings forecasts as the cybersecurity firm boosted its readiness for acquisitions.

Evening Standard

FTSE 100 Live: Darktrace cuts earnings outlook, Barratt Developments results, oil near $90, shares fall

The UK’s average house price fell by 1.9% in August, the largest monthly fall recorded by lender Halifax since November.

Evening Standard

Darktrace urged to publish EY investigation as it dismisses concerns over accounts

A tech firm with one of the rockiest share prices on the FTSE 250 got a lift today after it batted away short-seller speculation over financial reporting inaccuracies.

Evening Standard

Angela Bacares net worth | Evening Standard Tech Rich List

Cyber security provision has long been seen as a lucrative area, and Darktrace is both one of the biggest and most controversial UK names in the industry. Angela Bacares now owns most of the stake held in the company by its founding family after her husband, Mike Lynch, set it…

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