Ye, previously known as Kanye West, has agreed to purchase Parler, a self-described “uncancellable” social media platform.
After posting anti-Semitic remarks last week, the star’s Twitter and Instagram accounts were suspended.
Parler touts itself as a “free speech” alternative to popular platforms and is primarily utilized by US conservatives.
George Farmer, the CEO, wrote on social media that you won’t ever have to worry about getting banned again.
Expression of ourselves
There is not much information regarding the deal’s terms in the release on PR Newswire.
According to the agreement’s provisions, the parties intend to sign a definitive purchase agreement and anticipate closing in the fourth quarter of 2022.
The agreement would also involve “ongoing technical support” from the business, it is said.
After seeing a huge spurt following the 2020 US elections, Parler has struggled to stay relevant in recent months.
According to Sensor Tower, the software was downloaded 90,000 times last month globally, compared to 9 million downloads for Twitter.
BBC News has contacted Parler for more details regarding the fundamental agreement.
Ye, who adopted a new name in 2021, wrote: “In a society where conservative viewpoints are viewed as divisive, we must ensure that we have the freedom to express ourselves.
Ye shut down his Instagram after claiming that rapper Diddy was under Jewish control.
He rejoined Twitter after his suspension and said that he would commit “death con three on Jewish people,” which led to his second disbarment.
The 2018-founded Parler, situated in Nashville, Tennessee, claims to have 15 million users.
It is one of several conservative-oriented applications, including Truth Social, a platform endorsed by Donald Trump.
The parent firm, Parlement Technologies, reportedly disclosed in September that it had raised $16 million (£14 million) in further capital, bringing the total to $56 million.
Politicians and broadcasters among the mainstream US conservative population all have accounts.
The app has, however, drawn US far-right organizations who have been kicked off other sites.
Google, Apple, and Amazon’s web-hosting services banned the platform after the US Capitol buildings were stormed on January 6, 2021, for failing to monitor information that advocated or incited violence.
It was also discovered that several rioters had uploaded films and images to Parler showing themselves breaking into the Capitol.
But following a change in leadership and a revision to its moderation policy, the platform was eventually put back into the app stores.
Twitter and Instagram profiles of Kanye West suspended due to anti-Semitism
Following the publication of anti-Semitic remarks, Kanye West’s Twitter and Instagram accounts have been locked.
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The weekend after rapper Diddy was accused of being manipulated by Jews, the star’s Instagram account was suspended.
The message fed into a long-standing conspiracy belief that is anti-Semitic.
West received a second disbarment after rejoining Twitter after being suspended and threatening to “go death con 3 on Jewish people.”
Both websites removed West’s posts and said he had broken their hate speech rules.
After receiving backlash for donning a “white lives matter” T-shirt at Paris Fashion Week, the incident occurred.
The catchphrase also appeared in his YZY fashion show, which included Selah Marley, the granddaughter of Bob Marley and daughter of Lauryn Hill, as the model.
The statement has been labeled “hate speech” by the Anti-Defamation League and is credited to white nationalists who started using it in 2015 in response to the Black Lives Matter movement.