Ye no more buys Parler, a social media app that allows freedom of speech

Ye no longer purchases Parler, the controversial social-media app that claims to offer freedom of speech alternatives to Twitter, which is what Ye used to be known as Kanye West. Yee, who was formerly Kanye West, was originally hit an agreementParlement Technologies purchased the company in October from Parlement Technologies for an undisclosed price.

According to the company, the deal is currently on hold. “Parlement Technologies has confirmed that the company has mutually agreed with Ye to terminate the intent to sell Parler,” a Parler spokesperson said in a statement. He said, “This decision was taken in the best interests of both sides in mid-November. Parler will continue to explore future opportunities for growth, platform development, and community involvement.

The blowout news comes hours after Yi, who praised Nazism and said “I love Hitler” during the protests. appearanceThe Alex Jones podcast. Parler spokesperson did not comment on whether these statements played any role in the decision not to terminate the acquisition. However, Ye’s “recently and ongoing business problems” were the reason the deal was done.

Yee first announced that he would buy Parler following his suspension from Twitter due to a series antisemitic tweets. (later, Elon Musk became the CEO of Twitter). welcome itGeorge Farmer, Parlement Technologies CEO, stated at the time that “the proposed purchase will secure Parler’s future role in creating a irrevocable ecosystem where everyone is welcome.”

Update 1/12 at 3:10 PT: Parler spokesperson added additional information.

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