Facebook stands to lose $10 billion this year due to a change Apple made to the iPhone. Last May, Apple added a function to the iPhone to stop brands from tracking you across apps. Most users opted out of tracking, which is having a major impact on Facebook's bottom line. Facebook parent company Meta stands to lose $10 billion this year due to a small, but impactful change Apple made last year.

Link: Facebook blames Apple after a historically bad quarter, saying iPhone privacy changes will cost it $10 billion
via http://www.businessinsider.com