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.

How does Microsoft's Azure performance compare to AWS in the cloud computing market?

What concerns are raised regarding Netflix's cash burn and its impact on the company?