Kanye West, who now goes by Ye, agrees to buy conservative social media platform Parler, company says

by | Oct 17, 2022 | Business

Kanye West, the superstar rapper who has made several inflammatory and antisemitic comments in recent weeks, has agreed in principle to buy conservative social media platform Parler, the app’s parent company said in a statement Monday.”In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves,” said West, who now goes by Ye, in a statement released by Parler.Financial terms of the deal weren’t announced. The company previously said it had raised $56 million in funding from outside investors.The move comes after Ye was locked out of his Twitter and Instagram accounts for making antisemitic remarks. In one post, Ye played into a long-standing antisemitic conspiracy theory that fellow rapper Sean “Diddy” Combs is being controlled by Jewish people. On Twitter, meanwhile, Ye’s account was restricted after he said he would go “death con 3 on JEWISH PEOPLE.”A representative for Ye didn’t immediately respond to a request for comment.Ye’s net worth is reportedly $2 billion. Much of his fortune comes from his Yeezy sneakers brand and partnerships with Gap and Adidas. However, Ye severed business ties with Gap recently, and Adidas said it’s also reviewing its business relationship with him. JPMorgan Chase also cut ties with the rapper.Parler is one of several right-wing-friendly platforms to emerge during the Donald Trump era, as the former president’s supporters claim unfair treatment by Twitter and other apps. There’s also Gettr, which is run by former Trump advisor Jason Miller, and Trump’s own app, Truth Social, whose parent company is under federal investigation as it seeks to go public. Conservative-friendly video platform Rumble went public last month.Parler, which initially launched in 2018, was swept up in controversy last year over the role it played in the Jan. 6, 2021, riots at the Capitol building. That led a slew of tech companies, including Google and Amazon, to blacklist the service, rendering its app and website inaccessible.In September, however, Google reinstated the app on its Play Store, stating the company changed some of its content moderation policies and enforcement. Apple restored the app on its App Store platform earlier, i …

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