ππΌ Clark Narvas retweeted
see this is what i like about Monzo. when they went down, they had a backup cloud system ready immediately to stop things like this happening
π¨ππ¨π¦π§ ππ‘: @Revolut is down in a major outage
And users can't even pay with their cards in stores π€―
Here's what happened:
β’ App not working
β’ Payments and transfers failing
β’ Physical cards declined at checkout
β’ Complaints from across the world, including the UK π¬π§, France π«π· and Spain
Most banking outages hit the app.
This one hit the cards too.
Revolut confirmed the issues on X and LinkedIn:
π¬ "We are currently experiencing a service disruption affecting multiple features, which may result in some services being inaccessible."
Its engineering team is working to restore full service.
Also interesting:
While customers couldn't pay, Revolut's own status page said all systems were "operational" π
Revolut has 80M+ personal customers and 800k+ business customers across 30+ countries.
That's a lot of declined cards today..
ππΌ Clark Narvas retweeted
10 Downing Street is recruiting a Director of AI in the No10 Policy Unit, where I work. They will advise the Prime Minister on AI.
This is an important role for the UK!
This is economic equivalent of shooting yourself in the foot, and then using a plier to dislocate and tear off every remaining toe
π¨ NEW: Ed Miliband is reportedly blocking AI investment into Britain over concerns it harms net zero
[@Telegraph]
New reaction photo just dropped
So happy to finally share this π
I sat down with @reach_vb to talk about the Codex community, how the Ambassador program started, and some of our favourite moments along the way.
Big love to our Codex Ambassadors and everyone building this community with us π«Ά
Building the Codex Community
ππΌ Clark Narvas retweeted
NON COMPETES BANNED
Today, the PM has announced that his Government will legislate to functionally ban non-compete agreements for startups and scaleups in the UK or as he called it - the Bosman ruling for ruling for the innovation sector' π
At the @StartupCltn been working on this for months and we think itβs a huge potential unlock for our tech ecosystem.
Hereβs what you need to knowβ¦
- Measures to functionally ban non-competes for startups and scaleups in the UK are going to be set out.
- There will also be consultation on a wider set of restrictive practices including gardening leave.
- More detail on these plans at the budget in a few weeks (Wednesday 28th October) including a timetable for consultation with a view to legislation in the coming months.
We think this is a huge move and so do lots of friends including so many of the great founders that signed the letter with Inherent just the other week.
Why? Because talent matters and mobile talent means startups can build. The Valley was built on free-flowing talent. In the UK, weβre now seeing our own versions of this story with companies being built from alumni of both homegrown firms like Revolut and beyond. But we need that to move faster. Hiring and building faster means British startups and scaleups can grow faster. Barriers to that slow our ecosystem down.
We wonβt pretend it will be perfect, and people (including some of our friends but also lots of fairly vested interests too) will have a right to disagree. But we think that startups will thrive and win in a faster paced Britain.
So we are delighted with the progress today - as part of a strong speech by the PM outlining his ambition for building the worldβs leading innovation nation including more on tax, growing companies outside London and more. But this is the start, not the end of the process. The announcement launches a consultation. It doesn't mean the issue is settled. How far reform goes, and what it looks like on the ground, is still to be decided.
The Prime Minister today has done something that can materially impact the trajectory of the UK tech ecosystem and with it our economy - but only if we make sure itβs delivered. So, the real work starts now.
ππΌ Clark Narvas retweeted
even in my wildest imagination, I wouldnβt have believed our government was capable of building something this delightful and so close to the frontier
there are many things one can criticize about this administration, but putting Joe Gebbia at the helm of design is not one of them
Chief Design Officer @jgebbia officially unveils America.gov, the new online home for the United States of America
ππΌ Clark Narvas retweeted
Political differences aside, credit where credit is due: This is fantastic. Congrats @jgebbia and the whole @ndstudio team ππΊπΈ
What an absolute net positive for every American
A new national front door to the federal government.
One trusted place to help people find answers. Whatever you need from government, start here: AMERICA.GOV
I got to try and keep @OpenAI 's unreleased AI camera
Readers added context they thought people might want to know
The pictured device is from OpenAI's public ImageGenCam DIY project (buildable with off-the-shelf parts and their image API since June 2026), not an unreleased camera. The poster is a Campus Lead likely receiving it as program swag.
github.com/openai/imagegeβ¦
openai.com/student-collecβ¦
ππΌ Clark Narvas retweeted
i've banked with monzo since 2019. it's exactly what britain should be producing. built from nothing, forced every legacy bank to modernise, and now one of the biggest consumer banks in the country
and we're about to sell it to brazil
investors deserve a payout, fair enough. but the reason it's a sale and not an ipo is that our ipo market is dead. so our best companies get bought instead of listed
deepmind to google. arm to softbank. our car makers, our steel, our water, our airlines. now monzo
we build them and sell them. every. single. time.
EXCLUSIVE: Monzo, the digital lender which has become one of Britain's biggest consumer banks, is in talks about a sale to Brazil's Nu Holdings which could value it at between Β£8bn and Β£10bn, ending the prospect of a near-term IPO of a UK fintech champion. news.sky.com/story/digital-bβ¦

































