New York: The parent company of social media platform Parler and American rapper Kanye West, who now goes by Ye, have agreed to terminate the intent of the sale of Parler, according to a statement from Parlement Technologies on Thursday.
“This decision was made in the interest of both parties in mid-November,” the company said in a statement. “Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community.”
The rapper, who has changed his name to Ye, has been widely criticised after making a series of anti-Semitic remarks.
Firms including Adidas and Gap have stopped working with him.
“The company has mutually agreed with Ye to terminate the intent of sale,” Parlement Technologies said in a statement.
The firm said the decision was made in mid-November.
West had his Instagram and Twitter accounts restricted last month over the anti-Semitic content of his posts.
However his Twitter account has since been reinstated.
Parler, which is a much smaller platform, is popular with conservatives and the far right, and styles itself as a “free speech” alternative to mainstream platforms.
“Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community,” the firm said in its statement.
