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Platform Power

When Facebook acquired WhatsApp in 2014 for $19 billion, many observers struggled to understand the logic of paying such a staggering sum for a messaging service that generated little revenue.

4 Big Tech CEOs getting heat from Congress on competition

1. The four command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. 2. One of them is the world's richest individual (Bezos); another is the fourth-ranked billionaire (Zuckerberg).