• Darktrace agrees £4.3B sale to US investor in blow to UK stock market

    British cybersecurity flag bearer Darktrace is set to leave London’s stock market after agreeing a £4.3bn sale to US private equity firm Thoma Bravo. Shareholders will have to approve the takeover before it's rubber-stamped. The chair of Darktrace, Gordon Hurst, said the deal represents "an attractive premium and an opportunity for shareholders." "The proposed acquisition will provide Darktrace access to a strong financial partner in Thoma Bravo, with deep software sector expertise, who...

  • Everton fan group urges owner Farhad Moshiri to seek new bidders amid concerns over 777 Partners with takeover by American firm in doubt after talks in Miami

    Fans have urged Farhad Moshiri to seek new bidders over 777 Partners concerns. The American firm have been named in 17 lawsuits, accused of fraud last week. Another nightmare which players are to blame and should Thomas Tuchel come in?

  • Mariners announce Brad Smith, Kathy Surace-Smith joining partnership group

    Seattle Mariners chairman & managing partner John Stanton announced Wednesday that Brad Smith and Kathy Surace-Smith have purchased shares in the Seattle Mariners franchise and joined the Mariners Partnership Group. The Smiths are the first additions to the partnership group since Ken Griffey Jr. joined in 2021, and just the

  • Belarus firm accused of bypassing UK sanctions

    MP claims a garage door parts company is getting round import bans imposed after Russia's invasion of Ukraine.

  • 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".The cash bid comes after Thoma Bravo expressed takeover interest two years ago."Darktrace is at the very cutting edge of cybersecurity technology, and we have long been admirers of its platform and capability in artificial intelligence," Thoma Bravo partner Andrew Almeida said in a...

  • Cybersecurity firm Darktrace accepts $5 billion 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 .The cash bid comes after Thoma Bravo expressed takeover interest two years ago. Darktrace is at the very cutting edge of cybersecurity technology, and we have long been admirers of its platform and capability in artificial intelligence, Thoma Bravo partner Andrew Almeida said in a statement....

  • Everton shareholders group calls on end of 777 Partners takeover

    Public shareholders of Everton called upon the club's majority owner, Farhad Moshiri, to stop the sale of the club to 777 Partners. The group called the 'never-ending' transaction of the club disrespectful as the future of the club remains unclear. In a letter to Moshiri and the rest of the Everton ownership group, the shareholders' Public shareholders of Everton called upon the club’s majority owner, Farhad Moshiri, to stop the sale of the club to 777 Partners. The group called the...

  • US, UK authorities unmask Russian national as LockBit administrator

    Dmitry Yuryevich Khoroshev is the driving force behind one of the most virulent ransomware syndicates in recent years, authorities said.

  • Putin sworn in for fifth term in ceremony boycotted by US and UK

    Russian president claims mandate for Ukraine invasion and ‘correctness of the country’s course’Ukraine war – live updatesVladimir Putin has been sworn into his fifth term as Russia’s leader in a ceremony attended by Russia’s political elite but boycotted by the UK, US and most European envoys.The ceremony, which begins a presidential term that could end with Putin in power for 30 years, was marked by a bellicose speech trumpeting Russia’s national interests as he wages war in Ukraine and...

  • US company agrees to fine for hiring children to clean slaughterhouses

    US labor department announced that Fayette Janitorial Service agreed to $650,000 fine and mandate to no longer employ minors A Tennessee-based sanitation company has agreed to pay more than half a million dollars after a federal investigation found it illegally hired at least two dozen children to clean dangerous meat processing facilities in Iowa and Virginia.The US labor department announced on Monday that Fayette Janitorial Service LLC entered into a consent judgment, in which the company...

  • UK manufacturing sector shrinks again as firms impacted by shipment delays

    The influential S&P Global/CIPS UK manufacturing PMI survey dropped to 49.1 in April, having hit a 20-month high of 50.3 in the previous month.

  • Diamond Sports Group agrees to multi-year extension with DirecTV

    The Diamond Sports Group has reportedly agreed to a major deal that will help solidify the company’s operations going forward. Per John Ourand of Puck News, Diamond and DirecTV have agreed to a multi-year carriage deal, keeping the Bally Sports RSNs on the country’s third-largest carrier. BREAKING: Diamond Sports has a deal in principle with