Cyber insurance startup Coalition plots global expansion as valuation hits $5B

Coalition, a San Francisco-based startup that combines cyber insurance and proactive cybersecurity tools, is preparing to expand outside of the U.S. for the first time following a mega $250 million Series F investment that takes its valuation to $5 billion. The investment, backed by Allianz X, Valor Equity Partners and Kinetic Partners, comes less than…

Shinzo Abe assassination suspect spent 3 years in the Japanese navy and had trained with guns

Screenshot from social-media video shows the moment gunfire rings out during Japanese Prime Minister Shinzo Abe’s campaign speech in Nara, western Japan, on July 8, 2022. Takenobu Nakajima via Reuters Former Japanese Prime Minister was assassinated while giving a campaign speech on Friday.  Japanese police named the suspect in the killing as 41-year-old Yamagami Tetsuya….

A helicopter and private jet seized from a pro-Putin oligarch were handed over to Ukraine’s army

The helicopter, believed to have been used by Viktor Medvedchuk’s family, was seized by Ukrainian police. Department of Strategic Investigations of the National Police of Ukraine Ukraine’s army was given a pro-Russia oligarch’s helicopter and private jet on Wednesday. Police seized the items, saying they were used by Viktor Medvedchuk. Medvedchuk, a longtime Putin ally,…

Scientists found a new, huge dinosaur with tiny arms like a T. rex, deepening the mystery of why they evolved that way

A reconstruction of Meraxes gigas’s skull is shown. Courtesy of Juan Ignacio Canales A new species of tiny-armed dinosaur, which was 36ft long, was identified in Argentina. It is the third type of dinosaur to evolve independently to have tiny arms. Experts still don’t know what the tiny arms were for, but are surer than…

Messages are at the heart of a metals rigging trial against three former JPMorgan traders

Good morning. I’m Kaja Whitehouse and I’m filling in for Aaron Weinman. The mood on Wall Street, and financial hubs across the globe, is somber this morning following the death of former Japanese prime minister Shinzo Abe, who was shot while giving a speech at a campaign event in Nara, western Japan. In today’s newsletter,…

Germany starts rationing hot water and turning down the heating in case Russia cuts off its natural gas supplies

There are fears that gas flows through the Nord Stream pipeline will not resume after maintenance is completed later this month. Stefan Sauer/Getty Images Some tenants in Germany are facing the possibility of cold showers and reduced heating this winter. Several landlords said they would ration hot water and turn down heating, per The Financial…