The deal to buy Parler was struck a week after West was locked out of his accounts for antisemitic posts.
The company said in a press release that it has entered into an agreement in principle to sell Parler to Ye. "Ye has become the richest black man in history through music and apparel and is taking a bold stance against his recent censorship from Big Tech, using his far-reaching talents to further lead the fight to create a truly non-cancelable environment."
The press release said that the acquisition would assure Parler a future role in creating an uncancelable ecosystems.
West's account was locked and his content was deleted after he shared a post that appeared to suggest Sean was controlled by Jews. West was welcomed back to his account by Musk.
When I wake up, I'm going death con 3 on jewish people. Even as Musk reached out to West personally, the account of West was locked and he was removed from the social network. Musk said that he talked to Ye today and that he thought he took to heart his concern about his recent message.
Parler was launched as a kind of conservative alternative to the social media site. A variety of right-wing extremists were attracted by its hands-off approach to moderation.
AdvertisementIn a world where conservative opinions are considered to be controversial, we have to make sure we have the right to freely express ourselves.
The deal could be done quickly. The parties intend to enter into a definitive purchase agreement and expect to close during the fourth quarter of 2022, according to the owner.
George Farmer, CEO of Parlement Technologies, claimed that the purchase of the social network will change the world. Ye will never have to worry about being removed from social media again because he is moving into the free speech media space. Ye proves once again that he is ahead of the legacy media narrative.
West would be able to run Parler after the acquisition is complete. Parlement's private cloud and data center infrastructure are included in the deal terms.
He will be helped bylement to achieve his goals.
Donald Trump was in talks with Parler to become a part-owner. The Trump Organization negotiated on behalf of the president to make Parler his primary social network, but it had a condition: an ownership stake in return for joining.
The assault on the US Capitol derailed negotiations for Trump's company to get a 40 percent ownership stake. In the days and weeks leading up to January 6th, Parler referred violent content from its platform to the FBI for investigation over 50 times, and Parler warned law enforcement to specific threats of violence being planned at the Capitol.
Trump launched Truth Social after the Parler negotiations broke down.
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