Kanye West To Buy Parler - The Deal With Uncancelable Free Speech Platform
Kanye West, a rapper who also goes by the name Ye, has agreed to buy the "uncancelable free speech platform" Parler, the two companies said in a joint statement on Monday. They said this will help conservatives express their views without fear of being shut down. As part of the deal, which didn't say how much it would cost, Parler agreed to sell its entire business to West. However, the social network will continue to get technical support from Parlement Technologies, including access to its private cloud services and data center infrastructure. The deal should be done by the end of this quarter.
Author:Hajra ShannonReviewer:Dexter CookeOct 17, 202213.4K Shares346.1K Views
Just over a week after anti-Semitic posts were found on the rapper's Twitter and Instagram accounts, the social network Parler made the announcement on Monday that Kanye West to buy Parlerand had reached an agreement to purchase the platform that is popular with conservatives in the United States.
West, who is now known by his stage name Ye, has recently alienated fans and business partners by making anti-Semitic comments, expressing interest in racist conspiracy theories, and wearing a provocative "White Lives Matter" T-shirt while attending Paris fashion week.
Kanye West To Buy Parler To Express Himself
Kanye West To Buy Conservative Social Media Network Parler
West, who has accused Meta and Twitter of censoring him in recent weeks, issued the following statement in response: "In a society where conservative beliefs are regarded to be controversial, we have to make sure that we have the ability to openly express ourselves."
West, who also manages firms in the fashion and sports industries, had his Instagram and Twitter accounts suspended earlier this month for spreading anti-Jewish remarks, which led to the suspension.
After being removed from the Google Play Store in the aftermath of the Capital riots in January 2021 for its part in inciting violence, the app Parler, which is widely regarded as a safe haven for conservatives and has attracted supporters of the now-defunct President Donald Trump, made its triumphant return to the store just a few weeks ago.
“„The proposed acquisition will assure Parler a future role in creating an uncancelable ecosystem where all voices are welcome.- Parler
Parler, which has its headquarters in Nashville, was established in 2018 by John Matze and Rebekah Mercer. Rebekah Mercer is the daughter of Robert Mercer, who established Breitbart and was a millionaire hedge fund manager.
Parler has raised approximately $56 million in private investment rounds. The firm, which has billed itself as "free speech" and aimed to fight against censorship, introduced a content control layer to the platform in an effort to be restored by Apple's App Store last year.
According to the market intelligence platform Sensor Tower, Parler's mobile applications for iOS and Android have collectively garnered just over 250,000 monthly active users. (An executive from the industry provided TechCrunch with a copy of the data.)
In a poll that included more than 10,000 participants, Pew Research found that only 38 percent of respondents were familiar with the name Parler. The chief executive officer of Parlement Technologies, George Farmer, issued the following statement:
“„This deal will change the world, and change the way the world thinks about free speech. Ye is making a groundbreaking move into the free speech media space and will never have to fear being removed from social media again. Once again, Ye proves that he is one step ahead of the legacy media narrative. Parlement will be honored to help him achieve his goals.- George Farmer, Parlement Technologies
Parler is one of a number of right-wing-friendly platforms that have popped up since Donald Trump became president. Supporters of the former president say that Twitter and other apps are unfair to them.
Gettr is run by former Trump advisor Jason Miller, and Trump's own app, Truth Social, is being looked into by the government as its parent company tries to go public. Rumble, a video platform that is popular with conservatives, went public last month.
Because of this, many tech companies, like Google and Amazon, put the service on a blacklist, making its app and website inaccessible. But in September, Google put the app back on its Play Store, saying that the company had changed some of its rules about how content is moderated and enforced.
In April 2021, Apple put the app back on its App Store platform. By building its own cloud infrastructure in-house, Parler has tried to depend less on the technologies of other companies.
In September, the company started a new parent company called Parlement Technologies. Its goal was to offer its own cloud service for online business. At the time, the company said, "The future can't be stopped."
Conclusion
Kanye West is in talks to buy Parler. Ye and Parler's parent company anticipates that the sale will be finalized by the end of the year. The agreement stipulates that Parler's parent business would provide it with technical support and that Parler will make use of the parent firm's private cloud services.
After Ye's account was suspended for violating Twitter's regulations, Musk tweeted that he had spoken to Ye and explained his concerns about his previous tweet, which he thought he took to heart.
On Monday, George Farmer, CEO of Parlement Technologies, made a statement regarding the arrangement, stating that it "will change the world, and change the way the world thinks about free speech."
Hajra Shannon
Author
Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis.
She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability.
Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content.
Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
Dexter Cooke
Reviewer
Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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