The Colorado Springs Gazette final

Kanye West no longer plans to buy social media platform Parler

The parent company of social media platform Parler and American rapper Kanye West, who now goes by Ye, have agreed to terminate the intent of the sale of Parler, according to a statement from Parlement Technologies.

“Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community,” the company said in a statement.

Parlement Technologies and Ye had announced plans for the deal in October. At the time the company said it expected the deal to close this quarter.

Ye has been criticized in recent months for making antisemitic remarks.

In September, Ye terminated his partnership with apparel retailer Gap Inc. German sporting goods maker Adidas terminated its partnership with Ye in October.

Parler, which launched in 2018, has been reinstated on Google and Apple’s app stores after being removed following the U.S. Capitol riots in January 2021.

Parler is one of several social media platforms that positioned themselves as free-speech alternatives to Twitter prior to its new ownership under billionaire Elon Musk.

BUSINESS

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2022-12-03T08:00:00.0000000Z

2022-12-03T08:00:00.0000000Z

https://daily.gazette.com/article/281865827497512

The Gazette, Colorado Springs