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What could feasibly be split apart? Coherent case that YouTube, Instagram & WhatsApp, and AWS are viable stand-alone businesses Google Facebook Amazon YouTube Instagram & Apple AWS (cash cow, Content stores? Android? Gmail? WhatsApp but not the only Music? Display ads? Oculus? one) Benedict Evans –– January 2020 83

2020 Ben Evans at Davos - Page 83 2020 Ben Evans at Davos Page 82 Page 84