Short seller says Darktrace targets are "a pipe dream"

Tom Allen
clock • 2 min read
Darktrace is still tarnished by its associations with former Autonomy founder Mike Lynch
Image:

Darktrace is still tarnished by its associations with former Autonomy founder Mike Lynch

ShadowFall says Darktrace’s business is driven by “an aggressive, promotional, sales focus” and is unlikely to stand the test of time

British hedge fund ShadowFall has taken a short position against cybersecurity specialist Darktrace, calling its business "watery-thin". The hedge fund is known in the City as the ‘dark destroyer' for...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

Tom Allen
Author spotlight

Tom Allen

View profile
More from Tom Allen

"We are building the plane as we fly it": Davos attendees speak about hybrid work

Cyberattack affects Port of London website

More on Web

Creating blockchain-agnostic ecosystems is complex work, but web data collection can help - here's how!
Web

Creating blockchain-agnostic ecosystems is complex work, but web data collection can help - here's how!

We’re seeing a strong push toward enabling NFT-focused companies build blockchain-agnostic ecosystems, says Or Lenchner of Bright Data

Or Lenchner
clock 27 May 2022 • 5 min read
Interview: Sunlight, AI & Machine Learning Awards finalist
Software

Interview: Sunlight, AI & Machine Learning Awards finalist

"Sunlight was born out of a collaboration with ARM in 2013 and that was to build a lightweight hypervisor that could really efficiently virtualise low power and embedded processor platforms"

Computing Staff
clock 13 May 2022 • 2 min read
Google originally created the AMP framework to speed up the mobile web experience
Web

Brave announces new feature to bypass Google AMP pages

Privacy-focused browser Brave has rolled out a new feature to bypass Google's accelerated mobile pages to bolster security - and remove more of the Web from the tech giant's clutches.

Dev Kundaliya
clock 20 April 2022 • 2 min read