Ye, formerly known as Kanye West, said he had a motive to acquire the conservative social media service Parler.
Ye, formerly known as Kanye West, said that she acquired the conservative social media service Parler because of the belief that existing platforms like Instagram and Twitter were too restrictive for user speech.
“When I started Instagram and Twitter at the time, I knew it was time to get my own platform,” Ye said in an interview with Bloomberg News on Monday. “People have been talking about it for years and mentioning this idea, but that’s enough.”
Rappers and designers have recently been restricted from posting on some major social media platforms for violating content policies. Twitter Inc. removed anti-Semitic posts from Ye last week and locked the account a day after returning to the platform for the first time in nearly two years. Meta Platforms Inc.’s Instagram also deleted the post in anti-Semitic language.
Ye said Parler is for people like him who have been penalized by a much larger platform.
“We are using this as a net for people who have been harassed by accident police to come and speak their minds,” he said. “Express how you feel. Express what is bound within you. Express what bothered you. I use social media as a therapist.”
Billionaire Elon Musk, who agreed to buy Twitter for $44 billion, said he spoke with Ye last week after Twitter frozen his account. Ye said Musk didn’t advise buying a Parler in that conversation and made the decision for himself.
Ye said he plans to have dinner with former US President Donald Trump this week and will invite him to Parler. Yes said he would also join Trump’s own alternative network, True Social. He said he hasn’t yet decided whether owning Parler means giving up on other social networks like Instagram and Twitter entirely, and plans to talk to his advisor about it.
“The most important resource of our species is knowledge,” Yee added. “This is why we must overcome the compression of thought and free thinking in order to save mankind. Literally serious. And that’s why I’m willing to risk everything because they’ve already taken enough away from me for a difference of opinion.”
Yee caused feuds with American companies and expanded her own business with contempt for business partners. The apparel transaction with Gap Inc. was terminated after a disagreement between the parties and a sneaker contract with Adidas AG was reviewed by a German sportswear manufacturer. He also spoke with bank executives at JPorgan Chase & Co.
Yes refused to share the terms of the contract. An unaudited financial balance sheet reviewed by Bloomberg last year showed it had $122 million in cash and stock at the time, with billions more in other assets, including the lucrative Easy Business. His company received nearly $119 million in royalties from its 2020 Adidas deal, Bloomberg previously reported.
