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FORGOTTEN HISTORY: 3 - Caught on Camera

FTSE 100 Live: FTSE closes at 7484, French bank raids, Next buys Cath Kidston

London’s main share index rose in morning trade, with banks once again keeping prominent slots on the leaderboard. However, much of the rally fizzled out as the day went on amid tax raids of a number of French banks, leaving the FTSE around where it started the day.

Evening Standard

Darktrace warns of rise in AI-enhanced scams since ChatGPT release

Cybersecurity firm notes emergence of sophisticated email scams featuring improved linguistic complexity

The Guardian - UK

Fresh clouds for Darktrace as New York hedge fund claims concerns borne out

Darktrace suffered another blow today after the New York-based investment business which earlier produced a short-seller report into the cybersecurity firm said its results failed to address its concerns.

Evening Standard

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International Women's Day: 23 top British women business leaders for 2023

BusinessLive shines a light on some of the thousands of women exemplifying leadership around the UK

Birmingham Post

Darktrace hires EY to review finances after short-seller attack

Cybersecurity company defends against criticism from hedge fund Quintessential and others

The Guardian - UK

Darktrace orders third-party review into finances as it fends off short-seller report

Darktrace has ordered an external report into its finances in a bid to fend off a short-seller report questioning the validity of its statements to shareholders.

Evening Standard

Is ChatGPT making life easier for con artists?

Darktrace says the A.I. chatbot may be tempting cybercriminals to rely on social engineering not hacking

Fortune

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Darktrace boss defends UK cybersecurity firm amid short-seller attacks

Embattled firm to launch £75m share buyback to bolster stock price after criticism of sales and marketing

The Guardian - UK

The generative A.I. software race has begun

C3.ai builds a better search engine. Qatalog makes tiny teams function like giants. Darktrace sees better phishing.

Fortune

Advice for Darktrace: don’t complain, just explain

When trust is everything the best way to respond is to opt for full exposure and elaborate explanation

The Guardian - UK

UK cybersecurity firm Darktrace’s shares dive as short sellers circle

Company co-founded by Mike Lynch hit by wave of criticism of its sales, marketing and accounting practices

The Guardian - UK

Darktrace shares fall below IPO price as it cuts outlook amid slowdown in new customers

The Cambridge cybersecurity firm has recruited a new chief revenue officer to drum up new business

Evening Standard

HSBC, Ocado and Premier Foods: Standard City Desk’s share tips for 2023

It was a far from vintage year for the stock market with the cost of living crisis, war in Ukraine, the tech crash, and political chaos all doing their bit to undermine confidence.

Evening Standard

Darktrace shares tumble as talks with private equity buyer fail

Thoma Bravo walks away from one of London’s hottest tech companies as another deal in the sector flounders

Evening Standard

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The Guardian - UK

Darktrace shares slump after takeover talks collapse

Private equity firm Thoma Bravo ends bid interest in scandal-hit British AI and cybersecurity firm

The Guardian - UK

‘Toxic’: Darktrace’s future clouded by concerns over culture and fraud case

Analysts have also criticised the cybersecurity firm’s business model but a US private equity fund is still pondering a takeover

The Guardian - UK

Ofwat may want to supply better evidence of being tough on water firms

The regulator approved a rescuer of Southern that hardly had a clean record in the sector

Evening Standard

Darktrace shares jump after profits upgrade

Darktrace shares have lost 65% of their value since a peak in September 2021

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Evening Standard

Inflation, inclusion and immigration: highlights ahead of London Tech Week

Inflation, inclusion and immigration are set to be among key topics of discussion as representatives from across the global tech industry gather at the Queen Elizabeth II Centre for London Tech Week.

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