Facebook's Legal Costs Are a Huge Surprise, Synovus Trust's Morgan Says

The transcript discusses Facebook's financial adjustments due to an FTC investigation, highlighting a surprise charge-off and its impact on earnings. It also covers Facebook's focus on privacy and security, affecting its financial margins. Microsoft is noted for its cloud computing success, competing closely with AWS. Lastly, Netflix's increased cash burn and rising competition in the streaming market are examined.

What was the impact of the FTC investigation on Facebook's earnings?

• Earnings decreased by 15%

• Earnings increased by 15% after adjustments

• Earnings increased by 26%

• Earnings were flat year-over-year

How did Facebook's focus on privacy and security affect its financials?

• It had no impact

• It decreased expenses

• It increased operating margins

• It diluted bottom-line growth

What is the market position of AWS compared to Microsoft Azure?

• AWS and Azure have equal market shares

• AWS has a smaller market share than Azure

• AWS has a larger market share than Azure

• Azure is the market leader

What financial challenge is Netflix facing?

• Increased cash burn and debt

• Decreasing market competition

• Decreasing subscriber base

• Lack of new content

Which new entrants are increasing competition for Netflix?

• Microsoft and Oracle

• Apple and Disney

• Amazon and Facebook

• Google and IBM