• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financekanye west

Ye’s plan to buy right-leaning social media site Parler is dead

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
December 2, 2022, 6:04 AM ET
The sale price and other details were not disclosed.
The sale price and other details were not disclosed.CHRIS DELMAS/AFP via Getty Images

The rapper Ye is no longer buying right-leaning social media site Parler, the company said Thursday.

Ye, formerly known as Kanye West, had offered to buy Parler in October. At the time, Ye and Parlement Technologies, which owns Parler, said the acquisition would be completed in the last three months of the year. The sale price and other details were not disclosed.

“This decision was made in the interest of both parties in mid-November,” Parlement Technologies said in a statement Thursday. “Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community.”

Early Friday, Ye’s Twitter account was suspended after the rapper posted a picture of a swastika merged with the Star of David. New Twitter CEO Elon Musk confirmed the suspension in a tweet replying to a Ye post of an unflattering photo of the billionaire, which Ye called his “final tweet.”

“I tried my best. Despite that, he again violated our rule against incitement to violence. Account will be suspended,” Musk tweeted.

Parler is a small platform in the emerging space of right-leaning, far-right and libertarian social apps that promise little to no content moderation to weed out hate speech, racism and misinformation, among other objectionable content. None of the sites have come close to reaching mainstream status.

Parler launched in August 2018 but didn’t start picking up steam until 2020. It was kicked offline in January 2021 over its ties to the deadly insurrection at the U.S. Capitol earlier that month. A month after the attack, Parler announced a relaunch but didn’t return to Google Play until September of this year.

Ye has made a series of antisemitic comments in recent weeks, including praising Hitler in an interview with conspiracy theorist Alex Jones on Thursday. Ye’s remarks led to his suspension from social media platforms, his talent agency dropping him and companies like Adidas cutting ties with him. The sportswear manufacturer has also launched an investigation into his conduct.

Our new weekly Impact Report newsletter will examine how ESG news and trends are shaping the roles and responsibilities of today's executives—and how they can best navigate those challenges. Subscribe here.

About the Author
By The Associated Press
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.