Kanye West, the celebrity rapper who has made a number of inflammatory and antisemitic feedback in latest weeks, has agreed in precept to purchase conservative social media platform Parler, the app’s mum or dad firm mentioned in a press release Monday.
“In a world the place conservative opinions are thought of to be controversial we now have to verify we now have the proper to freely categorical ourselves,” mentioned West, who now goes by Ye, in a press release launched by Parler.
Financial phrases of the deal weren’t introduced. The firm beforehand mentioned it had raised $56 million in funding from exterior buyers.
The transfer comes after Ye was locked out of his Twitter and Instagram accounts for making antisemitic remarks. In one put up, Ye performed right into a long-standing antisemitic conspiracy idea that fellow rapper Sean “Diddy” Combs is being managed by Jewish individuals. On Twitter, in the meantime, Ye’s account was restricted after he mentioned he would go “loss of life con 3 on JEWISH PEOPLE.”
A consultant for Ye did not instantly reply to a request for remark.
Ye’s internet price is reportedly $2 billion. Much of his fortune comes from his Yeezy sneakers model and partnerships with Gap and Adidas. However, Ye severed enterprise ties with Gap not too long ago, and Adidas mentioned it is also reviewing its enterprise relationship with him. JPMorgan Chase additionally minimize ties with the rapper.
Parler is considered one of a number of right-wing-friendly platforms to emerge in the course of the Donald Trump period, as the previous president’s supporters declare unfair therapy by Twitter and different apps. There’s additionally Gettr, which is run by former Trump advisor Jason Miller, and Trump’s personal app, Truth Social, whose mum or dad firm is below federal investigation because it seeks to go public. Conservative-friendly video platform Rumble went public final month.
Parler, which initially launched in 2018, was swept up in controversy final 12 months over the function it performed within the Jan. 6, 2021, riots on the Capitol constructing. That led a slew of tech firms, together with Google and Amazon, to blacklist the service, rendering its app and web site inaccessible.
In September, nevertheless, Google reinstated the app on its Play Store, stating the corporate modified a few of its content material moderation insurance policies and enforcement. Apple restored the app on its App Store platform earlier, in April 2021.
Parler has sought to cut back its dependence on applied sciences from different corporations by establishing its personal cloud infrastructure in-house. The firm arrange a brand new mum or dad firm in September, referred to as Parlement Technologies, aimed toward offering its personal cloud service for on-line enterprise. “The future is uncancelable,” the corporate mentioned on the time.
Ye and Parler’s mum or dad firm anticipate to finalize the deal earlier than the tip of the 12 months, the corporate mentioned. The phrases of the deal embody technical assist for Parler from its mum or dad firm, in addition to using its non-public cloud providers.
After Ye’s suspension from Instagram, the rapper turned to Twitter, posting for the primary time since 2020. “Look at this Mark How you gone kick me off instagram,” he wrote, referring to Mark Zuckerberg, CEO of Instagram mum or dad Meta.
Elon Musk, a buddy of Ye’s, responded saying, “Welcome again to Twitter, my buddy!”
Ye was then locked out of his Twitter account for a violation of its insurance policies, after which Musk tweeted he had talked to Ye and “expressed my issues about his latest tweet, which I believe he took to coronary heart.”
Musk is at the moment pursuing an acquisition of Twitter. That takeover was revived final week after the Tesla CEO mentioned he would purchase the social media platform on the $54.20 a share worth they initially agreed on in April. The billionaire, who calls himself a “free speech absolutist,” has mentioned he needs to make Twitter a “digital city sq.” that promotes free expression.
Commenting on the settlement Monday, Parlement Technologies CEO George Farmer mentioned it “will change the world, and alter the best way the world thinks about free speech.”
“Ye is making a groundbreaking transfer into the free speech media area and can by no means need to worry being faraway from social media once more,” Farmer mentioned in a press release. “Once once more, Ye proves that he’s one step forward of the legacy media narrative. Parlement can be honored to assist him obtain his objectives.”
Farmer is married to American conservative activist Candace Owens, considered one of Ye’s advocates on social media. He can be the son of Michael Farmer, a British Conservative politician who sits within the higher chamber of the U.Okay. Parliament.
George Farmer was named CEO of the conservative-leaning social app in May of final 12 months, after a dispute between its early investor Rebekah Mercer and ex-Parler chief John Matze led to Matze’s ousting. Mercer, the heiress daughter of hedge fund billionaire Robert Mercer, is Parler’s controlling shareholder.
