Ye's deal to buy conservative social media app Parler is called off

2 years ago 86

This illustration photograph shows the Parler societal web app logo connected a compartment telephone surface with a representation of US rapper Kanye West successful the inheritance successful Los Angeles, October 17, 2022.

Chris Delmas | AFP | Getty Images

Conservative societal media institution Parler said Thursday its woody to beryllium bought by Ye has been called off.

The rapper, formerly known arsenic Kanye West, agreed to bargain the app successful October for an undisclosed amount. Ye has made repeated and nationalist antisemitic comments successful caller months, and respective concern partnerships involving the instrumentalist person been terminated.

"The institution has mutually agreed with Ye to terminate the intent of merchantability of Parler," the app's genitor institution said successful a connection to CNBC. "This determination was made successful the involvement of some parties successful mid-November. Parler volition proceed to prosecute aboriginal opportunities for maturation and the improvement of the level for our vibrant community."

This communicative is developing. Please cheque backmost for updates.

Read Entire Article