CNBC Technology

Wayfair is cutting about 3% of its workforce, or roughly 500 jobs, a spokesperson said. The online furniture company has faced high costs to run its business.

The event is set to take place at Ellison's Rancho Mirage estate on Feb. 19, which is less than two weeks before the Super Tuesday primary election, which includes California's primary.

Ellison has made bullish comments on Tesla and CEO Elon Musk in the past, and had 3 million shares when he joined the board in 2018.

Elon Musk surprised the market a few weeks ago, saying Tesla would not raise capital. Instead, the company plans to raise $2 billion by selling new shares of stock. The deal makes sense as Tesla ramps EV and battery production.

Esports startup PlayVS will now become the exclusive provider of high school League of Legends leagues in the U.S.

The investment into Elliptic from Wells Fargo's venture unit is an extension of the start-up's $23 million Series B funding round.

Democratic presidential candidate Mike Bloomberg was recently the subject of several satirical memes uploaded to Instagram.

New York Democratic Sen. Kirsten Gillibrand's new privacy legislation would not preempt state laws, an idea opposed by many Republicans.

Xiaomi is hoping the Mi 10 and Mi 10 Pro devices can help boost sales in its domestic market of China where it has seen declining shipments.

Since Jan. 31, Bezos sold 2 million shares, worth nearly $4.1 billion, SEC filings show.

Growth has been tepid at Cisco, with most of the growth in enterprise IT spending going towards the big cloud vendors.

Andy Jassy, the CEO of Amazon Web Services, pointed to Amazon's failed smartphone launch in 2014, and said that despite Amazon's success in online payments, "PayPal seems to be doing quite well."

Michael Moritz defended Google's 2006 acquisition of YouTube, saying it "saved" the video service amid copyright threats.

Amazon alleges Trump's "behind-the-scenes attacks" caused the company to lose out on the $10 billion Pentagon cloud contract to Microsoft.

T-Mobile's deal with Sprint may be the final chapter of the 4G-LTE era. The 5G era could usher in a new wave of telecommunications consolidation highlighted by the combination of wireless and cable companies.

Shopify hit a new 52-week high after it reported better-than-expected fourth-quarter results.

The Samsung Galaxy Z Flip is a big improvement on the South Korean electronics giant's predecessor, the Galaxy Fold.

Mobile World Congress, the world's largest trade show for the mobile industry, has been canceled amid fears over the coronavirus outbreak.

George Lee, the co-chief information officer at Goldman Sachs, said one-quarter of the bank's employees are developers. Technology needs at the bank span from the increased reliance on cloud infrastructure to new products like the Apple Card, the credit card the bank launched with the iPhone maker last year.

WhatsApp CEO Will Cathcart told The Wall Street Journal that it would continue to operate largely independent of its parent company Facebook.