IDG Contributor Network: IT forecast: Cloudy with a chance of digital transformation

Cloud continues to undergo intense innovation. Around this time last year, I predicted Cloud 2.0—which puts heterogenous cloud at the future of application architecture—would finally go mainstream. This year, we’ll move beyond just a tipping point and onto a new era of cloud: Cloud 3.0.  So, what will Cloud 3.0 look like? If re:Invent is any indication of what we can expect in the next year, we’ll continue to see…

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Uber reports Q4 revenue of $3B, up 24% YoY, gross bookings of $14.2B, up 37% YoY, and adjusted EBITDA losses of $842M, up 88% YoY and 60% QoQ (Kia Kokalitcheva/Axios)

Kia Kokalitcheva / Axios: Uber reports Q4 revenue of $3B, up 24% YoY, gross bookings of $14.2B, up 37% YoY, and adjusted EBITDA losses of $842M, up 88% YoY and 60% QoQ  —  Uber on Friday released its latest quarterly financials, likely its last before formally filing to go public. showing continued growth and investment in areas like UberEats. Source: http://www.techmeme.com

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Amazon Will Pay $0 in Federal Taxes on $11.2 Billion Profits

Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00. From a report: According to a report published by the Institute on Taxation and Economic (ITEP) policy Wednesday, the e-tail/retail/tech/entertainment/everything giant won’t have to pay a cent in federal taxes for the second year in a…

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