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Fintech giant Stripe revealed in its annual letter published on Wednesday that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. By comparison, PayPal surpassed $1 trillion in total payment volume in 2021, 23 years after it was founded. Stripe is valued at $65 billion as of the company's latest tender offer completed last month. We wanted to ensure shareholders have access to liquidity that is why we did the tender offer last year, that's why we did the tender offer this year." "Things got a bit mad at the peak of 2021... startups are focusing on more profitable growth," Collison explained to Sorkin on "Squawk Box."

Persons: Patrick, John Collison, Andrew Ross Sorkin, Collison, Sorkin Organizations: PayPal, CNBC, YouTube

Oura will now sell its smart rings on Amazon , its latest retail expansion as the health and wellness wearable space continues to grow. Starting Thursday, Oura will have its full selection of rings and accessories available to U.S. shoppers on Amazon through its own brand store. The move also comes as Oura faces a new challenge from Samsung in the smart ring category, as well as other wearables adding more health benefits. More than one million Oura rings have been sold to date, according to Oura. As for Samsung's potential entry into a ring, Sweeny said Oura is viewing it "as a positive thing."

Persons: Oura, Doug Sweeny, Sweeny, Fitbit Organizations: Best, Oura, CNBC Disruptor, Samsung, Apple, Garmin, Amazon, Google, Watch Locations: U.S

The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021. Discord will lay off 17% of the company's workforce, which equates to 170 employees, a spokesperson confirmed Thursday. Discord, which ranked 18th on CNBC's Disruptor 50 list for 2023, was valued at about $15 billion in 2021 at the height of the tech boom. Layoffs have been a big story across the tech landscape since the calendar turned to 2024. WATCH: Google to lay off hundreds as big tech layoffs continue

Persons: Jason Citron, Bob Carrigan Organizations: Google, Unity Software Locations: Warsaw, Poland

☆ Op-ed: After crisis, Israel's economy always comes back stronger
▼ + stars: | 2023-12-12 | by ( Anat Katz | Economic Minister To North America For Israel'S Ministry Of Economy | ) www.cnbc.com time to read: +2 min

In just a few hours, the nation of Israel went from business as usual to national emergency and national mourning. Throughout this ongoing crisis, the resilience of Israel's economy has once again taken center stage. This should be no surprise, as resilience has always been a key tenet of Israel's long-term success, military or otherwise. Most recently, the Covid-19 pandemic struck a terrible blow to Israel's economy in the second quarter of 2020, reducing GDP by roughly 30% annualized. The Tel Aviv Stock Exchange's flagship TA-125 Index dropped over 8% in that war's opening days, but took only 40 days to recover to pre-war levels.

Persons: Warren Buffett, Israel, Berkshire Hathaway, Buffett Organizations: Tel, Tel Aviv Stock Exchange's, TA Locations: Israel, Lebanon, Berkshire, Lebanese, Iscar, Tel Aviv

CNBC is now accepting nominations for the 2024 Disruptor 50 list — our annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges. A notable past Disruptor 50 company that made it to the public market this year, Instacart , has failed to maintain its IPO pricing. Business failures, too, have occurred for formerly high-flying, high-profile backed Disruptor 50 companies, including Convoy and WeWork. This is especially true of companies involved in the booming AI hype cycle sparked by 2023's top Disruptor 50 company, OpenAI, just over a year ago. 2024 honorees will be notified in April, and the list will be released in May across CNBC's TV and digital platforms.

Persons: Jan Organizations: CNBC, U.S, Convoy, CNBC's

☆ Israeli official says the country has reached a 'significant agreement' with Elon Musk to allow Starlink in Gaza, but only if approved by Israel
▼ + stars: | 2023-11-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

An Israeli official said Elon Musk agreed to terms to provide Starlink satellites over Gaza. Starlink can only operate over the Gaza Strip if Israel approves, the official said. AdvertisementStarlink can operate over Gaza, Israeli officials announced Monday, but only if the satellites have been approved by Israel. "As a result of this significant agreement, Starlink satellite units can only be operated in Israel with the approval of the Israeli Ministry of Communications, including the Gaza Strip." Representatives for Starlink and Israel's Ministry of Communications did not immediately respond to requests for comment from Business Insider.

Persons: Elon Musk, Musk, —, Shlomo Karhi, Israel Organizations: Service, Israel, Ministry of Communications, of Communications, Israeli Ministry of Communications, Representatives, Starlink, Israel's Ministry of Communications, Business, Hamas Locations: Gaza, Israel, Western

☆ Israel and Hamas agree to hostage deal in a major diplomatic breakthrough
▼ + stars: | 2023-11-22 | by ( Jake Epstein | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Israel's government has approved a hostage deal — a major diplomatic breakthrough amid the war. The outline includes the release of 50 hostages who are in Gaza and the release of 150 Palestinians held in Israel. The deal comes as Israeli forces continue their extensive ground operations in the Gaza Strip. AdvertisementIsrael's cabinet approved a hostage release deal on Wednesday morning local time, a major diplomatic breakthrough that comes more than six weeks into the devastating war between the two sides. Hamas said in a Telegram post that it agreed to the deal and that 150 Palestinian prisoners held by Israel would be released.

Persons: —, Benjamin Netanyahu, Haim Zach, Handout, John Kirby, Biden, Benjamin Netanyahu's, Emi Palmor, Herzi Halevi Organizations: Service, IDF, NBC News, Israel's, Biden, Government Press Office, US, National Security, Israel's Ministry of Justice, Hamas, Israel Defense Forces, REUTERS Locations: Gaza, Israel, US, Qatar, Egypt, Tze'elim, Israeli, Iran, Lebanon, Yemen, Iraq, Syria, Tehran

☆ As internet connectivity plummets in Gaza, ordinary Palestinians struggle to compete with Israel's narrative of the war
▼ + stars: | 2023-10-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +8 min

Internet connectivity in Gaza is plummeting. AdvertisementAdvertisementGaza's already flimsy internet connectivity has been severely impacted by Israel's strikes, according to several outage-detection models. Last Friday, NetBlocks, a watchdog organization that monitors the governance of the internet, noted a steep decline in Gaza's internet connectivity. Fatafta said ordinary Palestinians were able to use social media to challenge some of the messaging coming from the Israel side. But, now, he fears that the fall in internet connectivity is creating a blindspot.

Persons: —, David, Gaza's influencers, Doug Madory, Amanda Meng, Meng, OCHA, Paltel, It's, Liz Throssell, Throssell, Fatafta, Jalal Abukhater, Abukhater, 7amleh, Sims Organizations: Service, Israel Defense Forces, Palestinian Health Ministry, Georgia Tech, United Nations Office, Humanitarian Affairs, Palestinian Telecommunications Company, IDF, UN, United Nations Human Rights, Israel's Ministry of Foreign Affairs, CNN, Hamas, Al, Arab Center for Social Media Advancement, Gaza Locations: Gaza, MENA, Israel, Ahli, Palestinian

☆ A top Israeli economist says a recession is almost certain as leaders warn of a long war
▼ + stars: | 2023-10-19 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +4 min

The war has also left much of Israel's economy in limbo. More than 360,000 reservists, the backbone of Israel's Defense Forces, are now in uniform and away from their jobs. A recession is almost guaranteed, Zeira predicts, as many parts of Israel are facing a drop in productivity. Donated clothing at Varonis' Israel headquarters Photo: Guy MelamedThe war is having a particularly big impact on Israel's dynamic tech sector. When Israel went to war with Hamas earlier this month, Varonis told its 750 Israel-based employees to work from home.

Persons: Turgut Alp Boyraz, hasn't, Joseph Zeira, Zeira, Israel aren't, Fitch, Benjamin Netanyahu, Guy Melamed, Israel that's, Israel, Varonis, Read, Melamed Organizations: Getty Images, Anadolu Agency, Getty, Israel's Defense Forces, Hebrew University, Israel's Ministry of, CNBC Locations: SDEROT, ISRAEL, Gaza, Sderot, Israel, Anadolu, Israeli, Tourism, Iran, Lebanon, Zeira, Herzliyah, Tel Aviv

☆ Israel Launches PR Offensive As It Counters Hamas
▼ + stars: | 2023-10-17 | by ( Jack Newsham | Katherine Long | ) www.businessinsider.com time to read: +6 min

Israel has dropped 6,000 bombs on Gaza since October 7 after a Hamas attack killed 1,300 Israelis. "Armed Hamas terrorists infiltrated into Israel via a ground invasion and started going door to door slaughtering innocent Israelis. In the 10 days since the Hamas terrorist attacks, Israel has dropped roughly 6,000 bombs on Gaza . AdvertisementAdvertisementMore than 1,300 people died in Hamas' initial attack on Israel Oct. 7, which also injured 2,800 others, officials said. TikTok didn't respond to an emailed request for comment.

Persons: Israel, —, they're, Israeli Defense Forces didn't, TikTok, It's, didn't, Rovio Organizations: Service, of Foreign Affairs, YouTube, Angry, Apple, ISIS, Google, Ad, European Union, Reuters, Israeli Defense Forces, Hacker News, Twitter, Facebook Locations: Gaza, Israel, United States, United Kingdom, Washington ,, Europe, Finnish

☆ Blinken, seeking aid breakthrough, in marathon talks with Israel's Netanyahu
▼ + stars: | 2023-10-16 | by ( Humeyra Pamuk | Thomson Reuters | Humeyra Pamuk Is A Senior Foreign Policy Correspondent Based In Washington Dc. She Covers The U.S. State Department | ) www.reuters.com time to read: +3 min

[1/3] U.S. Secretary of State Antony Blinken listens as Israeli Defense Minister Yoav Gallant speaks at The Kirya, Israel's Ministry of Defense, in Tel Aviv, Israel October 16, 2023. Blinken, Israel's leading diplomat, was on the fifth consecutive day of round-the-clock diplomacy in the region, shuttling back to Israel after visiting six Arab countries in four days. Blinken, seeking to prevent the conflict from spreading, arrived in the aftermath of Hamas' Oct. 7 attacks that killed 1,300 people in Israel. Speaking to reporters earlier after meeting Blinken, Defense Minister Yoav Gallant said, "This will be a long war; the price will be high. Miller said Blinken discussed humanitarian coordination with Netanyahu at an earlier meeting.

Persons: Antony Blinken, Yoav Gallant, Jacquelyn Martin, Benjamin Netanyahu's, blaring, Israel's, Blinken, Netanyahu, Matthew Miller, Miller, —, Humeyra Pamuk, Steve Holland, Jasper Ward, Simon Lewis, Idrees Ali, Patricia Zengerle, Doina Chiacu, Lisa Shumaker, Howard Goller Organizations: Israel's Ministry of Defense, REUTERS Acquire, Israeli, Defense Ministry, Blinken, State, Israel, Washington, U.S, Marine, UN Office, of Humanitarian Affairs, Thomson Locations: Tel Aviv, Israel, TEL AVIV, Gaza, Egypt, Rafah, Bataan, United States

[1/4] People walk into Jerusalem's Old City via Jaffa Gate, as the conflict wreaks havoc across the tourism sector October 11, 2023. Now they are empty after a devastating attack by Palestinian militant group Hamas in Israel on Oct. 7. InterContinental Hotels (IHG.L) said two of its hotels, Six Senses Shaharut and Hotel Indigo Tel Aviv – Diamond District, were temporarily shut. Australian tour operator Intrepid Travel has called off tours to Israel and Palestinian territories until the end of the year. Odysseys Unlimited has suspended its Israel trips until March 31.

Persons: Sinan Abu Mayzer, Abu Dawoud, Khader Hussein, Jesus, That's, Elias al, Dan Hotels, Isrotel, Dan, Israel, Joanna Plucinska, Steven Scheer, Doyinsola, Yadarisa, Josephine Mason, Mark Potter Organizations: REUTERS, Rights, Palestinian, Hamas, West Bank, Virgin, European, InterContinental Hotels, Indigo, Aviv, Diamond, Israel Central Bureau of Statistics, Arab Hotel Association, Intrepid, Odysseys, NEW, Thomson Locations: City, Jaffa, Rights BETHLEHEM, JERUSALEM, Bethlehem's, Israel, Palestinian, Gaza, Jerusalem, Tel Aviv, United States, European Union, Britain, Europe, Bethlehem, Tel, U.S, West, Australian, Egypt, Jordan, LONDON, Bengaluru

☆ IDF says it won't back up its claim that Hamas decapitated babies in Israel because it is 'disrespectful for the dead'
▼ + stars: | 2023-10-11 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +7 min

The IDF said it won't investigate its claim that Hamas killed and decapitated babies at a kibbutz. AdvertisementAdvertisementA spokesperson for the Israel Defense Forces told Insider that the military won't seek further evidence for its claim that Hamas decapitated babies in Israel. On Tuesday, Dinar told Insider that babies' bodies had been found at the Kfar Aza kibbutz, and that some had been decapitated. AdvertisementAdvertisementHe said then that the IDF would not confirm the exact number of babies killed or how many had been beheaded. CBS News later reported that Israeli body-recovery teams had discovered beheaded babies and children in kibbutzim in southern Israel.

Persons: —, Nir, Aza, i24News, Nicole Zedeck, Laura Cellier, Yossi Landau, Zaka, CNN's Nic Robertson, I'm, David Ben Zion, i24NEWS, Ben Zion, it's, Itai, Kfar Aza Organizations: Service, Israel Defense Forces, IDF, CBS, Anadolu Agency, BBC News, CNN, New York Times, Palestinian Ministry of Health, Ministry of Defense Locations: Israel, Kfar Aza, Zaka, Turkish, Gaza

☆ An Israeli lawmaker is urging her government to use 'everything in its arsenal,' including 'doomsday' weapons, against Hamas
▼ + stars: | 2023-10-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

An Israeli lawmaker says Israel should use nuclear weapons against Hamas. Revital "Tally" Gotliv wrote on X that she thinks it is time to fire "powerful missiles without limit." AdvertisementAdvertisementAn Israeli lawmaker has urged her government to consider using nuclear weapons in their war against Hamas. Revital "Tally" Gotliv, a member of the Israeli parliament, wrote in a post on X on Monday. It's time to kiss doomsday," Gotliv wrote in her post on X.

Persons: Gotliv, Benjamin Netanyahu, —, Israel, Netanyahu Organizations: Service, Palestinian, Hamas, Israel Defense Forces, Gaza Ministry, Health, Israel's Ministry of Defense Locations: Israel, Hamas, Gaza, Palestinian

☆ Israel's workhorse Merkava tank could soon be refilling foreign arsenals depleted by the war in Ukraine
▼ + stars: | 2023-07-17 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Israel may be about to export its workhorse Merkava tank for the first time. Israel isn't selling the newest version of the 45-year-old Merkava tank family, the Merkava 5, or even the Merkava 4, which is used in front-line Israeli armored units. An Israeli Merkava tank in the Negev desert in November 1997. Israel Defense Forces/Michael ShvadronThough Israel is small, home to less than 10 million people, it's one of the world's top 10 arms exporters. If Merkava tanks are sold overseas, they may yet end up on surprising battlefields.

Persons: Yair Koles, Israel isn't, Antoine GYORI, Merkava, Mark, Michael Shvadron, Israel —, Efraim Inbar, MENAHEM KAHANA, Recep Erdogan, Michael Peck Organizations: Israel, Service, Israel's Ministry of Defense, Haaretz, Cypriot, El, Getty, Israel Defense Forces, United Arab, Morocco —, US Army, Jerusalem Institute for Strategy, Security, Polisario, Iranian, Defense, Foreign Policy, Twitter, LinkedIn Locations: Israel, Ukraine, Wall, Silicon, Arab, European, Turkey, Cyprus, Morocco, Spanish, El Espanol, Israeli, Soviet, Lebanon, Israel's, United Arab Emirates, Bahrain, Algeria, AFP, Turkish, Russian, Europe, Eastern, Merkavas, Russia, Syria, Iran, North Korea, Forbes

☆ Ukraine official gloats after drone strike on weapons facility in Russian-allied Iran: 'Ukraine did warn you'
▼ + stars: | 2023-01-30 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Senior aide to President Volodymyr Zelenskyy suggested Ukraine is linked to a drone strike in Iran. By contrast, US officials suspect Israel is behind the strike, according to The New York Times. Ukrainian defense outlet Defense Express, meanwhile, shared satellite imagery that suggested the damage was minimal. In his tweet, Polodyak suggested the site was used for "drone and missile production." Iran claims it only sent drones to Russia before Moscow's invasion of Ukraine last year.

☆ At least 7 people are dead and nearly a dozen were injured after a shooting at a Jerusalem synagogue
▼ + stars: | 2023-01-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

A shooting at a Jerusalem synagogue Friday has left at least seven dead and almost a dozen injured. The attack marks another day of violence in the region after a deadly Israeli raid Thursday. The country's Magen David Adom emergency services said police killed the gunman at the crime scene, according to Reuters, Associated Press, and CNN. The shooting occurred during worship services on International Holocaust Remembrance Day and comes a day after Israeli forces killed nine Palestinians and injured others in Jenin, according to reporting from CNN. The surge in violence gripped the region before a planned trip by U.S. Secretary of State Antony Blinken at the end of this month.

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