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Musk “is thinking of quitting”: It’s up to you whether I want to continue using this Twitter

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2023-04-12 10:28:18826browse

This Sunday, Twitter announced a series of new measures, which once again aroused heated discussions.

In an announcement, Twitter suddenly announced that it would no longer allow users to divert traffic to other platforms, including Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr and Post. In a post outlining the changes, Twitter said it would take action against users who violate this policy "at the Tweet level and account level."

Musk “is thinking of quitting”: It’s up to you whether I want to continue using this Twitter

##No matter which company they are, they are my competitors.

People will no longer be allowed to include links to their profiles on other social networks in their Twitter profiles, nor will they be able to send tweets text to direct users to click on their Instagram or Facebook account. The policy not only includes links from other platforms, the crackdown even extends to usernames or handles that post competing platforms without URLs.

Of course, promotion is still possible if these competitors pay.

Perhaps because the new policy has caused too much controversy, or perhaps because he is disheartened by the recent series of measures that have not been well-received, Musk also launched a new policy on Sunday He launched a vote, asking netizens: "Should I resign as the head of Twitter?" and added that he would "follow the results of this netizen vote."

Musk “is thinking of quitting”: It’s up to you whether I want to continue using this Twitter

After the new rule was established on Sunday, Twitter said it would delete posts containing links to the above websites and warned users not to try to circumvent this rule. Anyone who violates this rule may have their account permanently suspended.

Within hours of the new rules taking effect, Twitter temporarily banned the account of Y Combinator founder Paul Graham because he expressed frustration with Twitter’s new rules. And told netizens to follow him on Mastodon.

After the $44 billion acquisition of Twitter, there were reports that Musk planned to temporarily serve as Twitter CEO and later hand over day-to-day operations to others. Last month, Musk said in court over "Tesla's huge salary" that he did not want to be the CEO of any company. He positioned himself as an "engineer dedicated to technology development."

After taking over Twitter, Musk once said that he slept at Twitter headquarters every day, handling everything from personnel to technology, and personally wanted to "save the company." But after the turmoil of acquisitions and corporate restructuring, Twitter still doesn't seem to be on the right track.

Twitter itself is also attracting additional investment. On December 16, Bloomberg quoted the news website Semafor as reporting that Musk’s team is working on a plan to repay debt as Twitter faces pressure to repay debt. Twitter is seeking new equity investors at a price of $54.20 per share, the same price Musk paid when he took Twitter private in October.

Musk has claimed on various occasions that Twitter "has been on the fast track to bankruptcy since May" and said: "The problem is not finding a CEO, the problem is finding one." A CEO who can keep Twitter alive." After Musk took over, he fired many Twitter executives, which may also indicate that Musk has high management requirements for Twitter.

In addition to Twitter itself, he is facing intense pressure from Tesla investors to shift his focus to the automaker. Tesla's stock price has fallen sharply since Musk took over Twitter in late October, falling 22% in December alone. To save a $44 billion social networking company while allowing a smart car company to lose $500 billion in valuation, this decision is obviously not wise.

It seems that the richest man has to make his own choice now whether to join Twitter or put his energy back on Tesla.

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