Darktrace readies to unveil £3bn London float plans
The cybersecurity start-up is expected to issue its intention to float Monday morning
Poppy Gustafsson, CEO of Darktrace
Credit: Geoff Pugh
Darktrace is set to unveil plans for a blockbuster London listing on Monday which could see the company land a valuation of as much as £3bn.
The cybersecurity company is expected to issue its intention to float before the London Stock Exchange opens. The float - the latest in a slew for the city - is expected to net significant returns for chief executive Poppy Gustafsson, whose stake could be worth £20m.
Julian Wheatland, the former chief executive of Cambridge Analytica
Credit: JULIAN SIMMONDS
A fintech business headed up by the former chief of Cambridge Analytica has made a £12.4m market debut in London, months after he helped overhaul the business away from shaving supplies.
Cornerstone FS was admitted to London s Aim market today, raising £2.7m in the float - cash which the business said would be used to expand its operations.
Boss Julian Wheatland said the move to float was an important milestone and a key element of our strategy . He had been brought on board last September to help transform the business from one which sold subscriptions to razors and shaving foam into a fintech company which sold foreign exchange services.
Inside the spyware firm that came in from the cold
The boss of the world’s best-known cyber mercenary company wants to step out of the shadows and engage with its critics
Drones are a key tool of NSO’s work
It has been two years since executives at NSO Group, the Israeli cyber security business behind the world’s leading spyware, have been able to speak publicly.
Before NSO’s acquisition by its co-founders and London private equity firm Novalpina Capital in 2019, the Tel Aviv cyber mercenary business was blocked from having its own website or speaking to journalists.
Amazon opens second till-free supermarket in UK
The US giant s store allows customers to walk out with items without having to go to a checkout to pay
16 March 2021 • 10:43am
Amazon now has two grocery stores in the UK – in Ealing in west London (pictured) and Wembley in north west London
Credit: HENRY NICHOLLS/Reuters
Amazon has today opened its second till-free grocery store in the UK just weeks after it launched its first site outside of the US in Ealing.
The second Amazon Fresh shop, which has opened in Wembley in north west London, will sell both own-label “By Amazon” products such as milk, butter and eggs, as well as established brands.