TECH NEWS

Revolut wants to let Nik Storonsky borrow $250mn against his own shares

Revolut has asked its shareholders to let Nik Storonsky borrow up to $250mn against his stake in the company, five times what the current rules permit. The request went to investors last week as part of a governance exercise the fintech has codenamed Project Shasta.

Storonsky owns roughly 29% of Europe’s most valuable private technology company, which reached a $115bn valuation in an employee secondary share sale last month, according to a person familiar with the matter. That puts the paper value of his holding somewhere around $33bn, none of which is spendable until he sells shares or borrows against them.

Borrowing is the option he has not been able to use at any scale. Revolut’s articles of association currently cap the chief executive’s borrowing against his own shares at $50mn, a limit written when the company was worth a small fraction of what it is worth now.

The mechanism...

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How to Stop Context Rot in Coding Agents

The first hour with a coding agent is sharp. It respects your patterns, remembers your constraints, produces code that fits. Somewhere in the second hour it starts to drift. It forgets a decision it made earlier. It contradicts itself. The suggestions get vague. By the third hour you are fighting

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Inside Qwen3.6 Genesis Hermes V9

Overview Qwen3.6-35B-A3B-Uncensored-Genesis-Hermes-V9-GGUF is a 35-billion parameter mixture-of-experts language model created by LuffyTheFox that applies a proprietary post-training tensor repair technique called Genesis to reduce accumulated training noise and improve output consistency. The model runs 3 billion parameters active per forward pass through 256 experts (8 routed + 1 shared per

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The Polygraph Problem: Why "Sounds True" Isn't True

Aldrich Ames was not a good spy. That's the part that should keep you up at night… For nine years, from 1985 to 1994, Ames sold America's deepest, darkest secrets to the Soviet Union. He handed over the names of at least ten people secretly working

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Tokenomics of Quality: Switch Sonar List Issues to --Format Toon for Measured Token Savings

Your AI coding bill is, increasingly, a data-formatting problem. Every time an agent pulls your open issues, your quality gate status, or your dependency risks into its context window, it pays tokens for the shape of that data as well as the content. Most of that data goes to the

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How to Stop Context Rot in Coding Agents

Inside Qwen3.6 Genesis Hermes V9

The Polygraph Problem: Why "Sounds True" Isn't True

Tokenomics of Quality: Switch Sonar List Issues to --Format Toon for Measured Token Savings