Darktrace news and trends

Amazon, Microsoft and Others Agree on AI Safety Commitment at Seoul Summit
Artificial Intelligence // May 22, 2024

Artificial intelligence companies from around the globe came together to address the growing concerns surrounding the safety and responsible development of advanced AI systems. The Seoul AI Safety Summit, held in the South Korean capital, saw Microsoft, Amazon, OpenAI and other major players from the United States, China, Canada, the United Kingdom,...

Major Hacks Highlight Evolving Ransomware Threat in Europe
Security & Fraud // January 23, 2023

A string of major hacks in Europe has put ransomware in the spotlight. A type of malware that infects computer networks, ransomware threatens to publish the victim’s data or permanently block access to it unless a ransom is paid. And while some ransomware may lock...

EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
emea // September 08, 2022

Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and Pleo and Yapily unveiled a new SMB cashflow solution. Cazoo Pulls Out of EU to Focus on UK Market Following...

Darktrace Shares Plummet as Takeover Deal Collapses
Cybersecurity // September 08, 2022

Shares in Darktrace tumbled more than 30% on Thursday (Sept. 8) morning after private equity group Thoma Bravo announced it would not make an offer for the British cybersecurity firm. In a statement reported in the Financial Times, Darktrace said “early stage discussions took place...

Quick Reads
Darktrace Shares Plummet as Takeover Deal Collapses

September 08, 2022
Shares in Darktrace tumbled more than 30% on Thursday (Sept. 8) morning after private equity group Thoma Bravo announced it would not make an offer for the British cybersecurity firm. In a statement reported in the Financial Times, Darktrace said “early stage discussions took place with Thoma Bravo about a possible offer for the company […]

Investment Firm Thoma Bravo Eyes Cash Offer for UK Cybersecurity Firm Darktrace

August 15, 2022
British cybersecurity firm Darktrace is reportedly considering a cash offer from tech investment firm Thoma Bravo, Reuters wrote. According to Darktrace, the discussions were still in the very nascent stages,...

Hoxton Debuts $215M Fund for European Startups

March 17, 2022
Hoxton Ventures announced Thursday (March 17) that it closed a $215 million fund to help Europe’s new startups scale up, a press release said. The fund, Hoxton III, was “significantly...

UK Cybersecurity Firm Darktrace Buys Cybersprint

February 23, 2022
Darktrace, a British cybersecurity company, has bought the Dutch firm Cybersprint in a deal valuing the latter company at €47.5 million ($53.7 million), UKTN reported Wednesday (Feb. 23). Darktrace said...