According to Parler, Kanye West is no longer buying the social network
- December 2, 2022
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Rapper Kanye West, now calling himself Ye, will no longer buy the social media site and Twitter alternative Parler, marking the dissolution of the artist’s recent business partnership following his anti-Semitic remarks.
According to a Thursday tweet from Parler’s parent company, Parlement Technologies, the proposed deal was called off in mid-November “in the interest of both parties.” Plans for the purchase were first announced in October.
Founded in 2018, Parler attracted a surge of users after the 2020 presidential election and shaped itself as a forum for conservative thinking and an alternative to other social media sites. Announcing the deal in October, West said Parler was important “to make sure we have the right to speak freely.”
“The company has reached an agreement with Ye to terminate the intention to sell Parler,” the company said in a tweet Thursday.
In response to numerous media inquiries, Parlement Technologies would like to confirm that the company has reached an amicable agreement with Ye to end the intention to sell Parler. This decision was made in the interests of both parties in mid-November.
— Parler (@parler_app) December 1, 2022
“Parler will continue to monitor future growth opportunities and platform advancements for our vibrant community,” the company added.
Since announcing the acquisition in October, Ye has posted a series of anti-Semitic statements on social media, for which he was criticized and dropped by corporate partners, including Adidas.