10 Things in Tech: Earnings week woes

Hi there. Today we've got insight on why some $4 fumbled, and a look at a $4

Let's dive in.

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1. Apple was a key reason tech companies had a terrible quarter. Apple's $4 continue to squeeze Big Tech, as evidenced by the earnings posted this week from top firms like Google, Snap, and Meta.

• Snap CEO Evan Spiegel said the first quarter had been "more challenging than expected," and while Google was tipped to be more insulated from the changes than some of its competitors, even it couldn't escape the pain.
• Meanwhile, Meta posted the $4 it has had since it went public in 2012 — signaling the impact Apple's ad-tracking changes have had on its advertising business.
• Meta had already $4 for a historically bad quarter earlier this year, and the company stands to lose $10 billion in 2022 as a result.

Get the full rundown here.>$4

In other news:

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2. We outlined every weird detail in Elon Musk's $44 billion Twitter deal. The terms, meant to ensure both parties commit to the agreement, stipulates that Musk can't insult the company, among other things. $4

3. Robinhood's founders were "visibly shaken" while announcing layoffs. Though the meeting was "solemn," employees said the layoffs were hardly a surprise, and that it was clear the company hired too many people in the wake of the GameStop trading mania. $4

4. Amazon will not be fined for the warehouse collapse that killed six. Though OSHA did identify some risks in the warehouse, which was struck by a tornado, Amazon won't be issued any citations. $4

5. An NFT influencer shares how he turned $3,500 into millions. Tyler Stockfield, the 28-year-old behind the @NFTsAnonymous Twitter handle, was a burnt-out car salesman before discovering NFTs. He breaks down his meteoric rise, $4

6. Apple has opened its self-service repair store. The store sells manuals and parts for you to fix your own iPhone, if that's something you want to do. $4

7. Twitter could wreck Elon Musk's empire. The wealthiest man in the world is betting the future of his businesses on Twitter, but columnist Linette Lopez writes that the move could end up costing him — and his other companies, like Tesla — in the long run. $4

8. PayPal is closing its San Francisco offices. TechCrunch reported the office, which hosted its Xoom business unit, is shuttering as the company "evaluates its global office footprint." $4

Odds and ends:

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9. Three wheels. One seat. So many smiles. Insider's transportation reporter test drove the Solo, ElectraMeccanica's single-passenger vehicle, and the $18,500 model drives competently, is more efficient than a typical car — and scores off the charts in smiles per mile. $4

10. PlayStation Plus will soon add a Netflix-style library of games and new features. In June, Sony will launch new tiered PlayStation Plus plans: Essential, Extra, and Premium. $4

What we're watching today:

• Twitter, Apple, Amazon, and others are reporting earnings today. $4
• Netflix Is A Joke: The Festival starts today $4
• SpaceX's Crew-4 mission is set to arrive at the International Space Station.
• Activision Blizzard stockholders are scheduled to vote on a proposed merger with Microsoft.

Keep updated with the latest tech news throughout your day by checking out$4 a dynamic audio news brief from the Insider newsroom. Listen here.>$4

Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb>$4.) Edited by Michael Cogley in London.