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The Latest Breaking News from Darktrace

FTSE 100 gains 6% in 2024 despite ‘lack of enthusiasm’ for UK stock markets

A ‘lack of enthusiasm’ for London’s top stock market index nevertheless meant it lagged behind its US rival for another year, experts said.

Evening Standard

Royal Mail takeover and Carlsberg’s swoop on Britvic in year of mega deals

UK equities have been firmly in the crosshair of foreign suitors and private equity buyout specialists throughout 2024.

Evening Standard

Ex-cybersecurity boss joins red benches to become investment minister

Baroness Poppy Gustafsson co-founded Darktrace in 2013.

Evening Standard

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The Standard 100: People shaping London in business, tech and money

John Boumphrey, Poppy Gustafsson and Mustafa Suleyman are among the top hundred people shaping the capital in 2024

Evening Standard

Insight Partners has paid out nearly $8 billion this year—but returns for its giant 2021 fund have mostly come up dry

The lack of distributions is leading to a rise in continuation funds in private equity

Fortune

Fury as Keir Starmer appoints another peer to fill Government post

KEIR Starmer has been slammed for appointing another new peer to fill a Government post – despite previous pledges to abolish the House of Lords.

The National (Scotland)

Ex-Darktrace CEO Poppy Gustafsson appointed UK investment minister

Co-founder of £4bn British tech firm to lead Office for Investment as a minister in Treasury and Department of Business and Trade

The Guardian - UK

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Thoma Bravo closes $5.3bn Darktrace acquisition

Co-founder and former Mike Lynch protégé Poppy Gustafsson stepped down as CEO weeks before the acquisition closed.

Fortune

5 Ways To Use Automation For Enhanced Cybersecurity

Automation is a critical pillar for any effective cybersecurity toolkit, bringing new capabilities that contribute to improved protection, with faster response times and fewer errors than human teams are capable of on their own.

International Business Times

Lost jewels and top-secret data potentially sit in the sunken wreck of a $40 million superyacht

Mike Lynch’s mistrust of the cloud means that there might be secret information off the coast of Italy.

Fortune

American Wife Of Mike Lynch, Angela Bacares, 'Struggling With Survivors Guilt' As Bodies Of Mike and Hannah Lynch Arrive In England Via Private Jet

Despite her grief, Angela Bacares remains resilient, grappling with potential legal battles over her husband's estate and maintaining her business.

International Business Times UK

Sicily: fear of foreign actors prompts security request for wreck of luxury yacht

Officials concerned about sensitive hard drives of tech mogul Mike Lynch, who died in sinking of Bayesian

The Guardian - US

Mike Lynch's sunken yacht may hold highly classified information that Russia and China would want

Two watertight safes onboard the yacht may have super-encrypted hard drives that contain classified information like passcodes, sources told CNN.

Fortune

Former Mike Lynch protégé Poppy Gustafsson suddenly steps down as Darktrace CEO

Darktrace announced cofounder Gustafsson, who worked for Mike Lynch at Autonomy, would be stepping down with immediate effect.

Fortune

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Evening Standard

Darktrace CEO out as takeover deal confirmed

POPPY Gustafsson is quitting Darktrace with immediate effect just ahead of a £4.3 billion takeover of the business by US private equity firm Thoma Bravo.

The Guardian - UK

Poppy Gustafsson to leave Darktrace after sale to US private equity firm

Co-founder of British cybersecurity company says ‘now is the right time to hand over the reins’, to Jill Popelka

The Guardian - UK

Telegram to shake-up features; markets slide after US job creation misses forecasts – as it happened

Telegram boss Pavel Durov announces a new approach towards moderating content and will remove some features that had been abused for illegal activity.

Fortune

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.

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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

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

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.

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