• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
NewslettersData Sheet
Europe

Kanye West’s Parler purchase gives the rapper a place to be ‘controversial’—but who’s listening?

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
October 17, 2022, 11:47 AM ET
Kanye West and Candace Owens attend the "The Greatest Lie Ever Sold" Premiere Screening on October 12, 2022 in Nashville, Tennessee.
Kanye West and Candace Owens attend the “Greatest Lie Ever Sold” premiere on Oct. 12, 2022, in Nashville. Jason Davis—Getty Images/DailyWire+

Good morning. David Meyer here in Berlin, filling in for Jacob.

Ye (the artist formerly known as Kanye West) is a rap icon, a top-flight producer, and a highly successful fashion designer. But a social network owner? Buckle up, for Ye is buying Parler.

Parler, you may recall through the overstuffed haze of the past few years, gained a reputation as a haven for far-right extremists such as former Ku Klux Klan leader David Duke. In the wake of the Jan. 6 insurrection last year, Google and Apple both kicked it out of their app stores; Apple let it back in a few months later, after Parler promised to step up its content moderation, and Google relented last month on the same basis. Also in September, Parler (the company behind the service) became Parlement Technologies, buying private cloud outfit Dynascale so it could offer “uncancelable” infrastructure services to those burned by Big Tech rejection.

Parlement now seems set to focus on the back end, with Ye picking up the social network side of the business for an undisclosed amount. Lest ye forget (sorry), the rapper was himself booted off Twitter and Instagram a week ago, with his account suspended for an unspecified time period, owing to rabidly anti–Semitic posts. Now he’s not just finding refuge on Parler, but buying it outright.

“In a world where conservative opinions are considered to be controversial, we have to make sure we have the right to freely express ourselves,” Ye said in a press release this morning that really leaned into the whole “controversial” thing from the get-go; it described Ye (net worth: $2 billion, per Forbes) as “the richest Black man in history,” which will come as a surprise to Nigerian business magnate Aliko Dangote (net worth: $12 billion).

In the release, Parlement CEO George Farmer said Ye was “making a groundbreaking move into the free speech media space and will never have to fear being removed from social media again.” But how many people will be paying attention to him?

Parler platform claims to have 16 million registered users, but active users are another matter; it got a miserly 1.3 million visits in August. That app-store exile was deeply damaging, and those who crave right-wing echo chambers can these days also opt for Gab, Gettr, and of course former President Donald Trump’s Truth Social. (Side note: I will never stop finding it funny that Trump and the Soviet Communist Party gravitated toward the same name.)

And then there’s Twitter itself. Assuming Elon Musk’s $44 billion takeover goes through, the Tesla/SpaceX/Boring mogul intends to make Twitter more of an anything-goes platform, with greater acceptance for people saying “pretty outrageous things within the law.” Indeed, Musk felt so pained about Ye’s suspension from Twitter that he talked to the musician and “expressed my concerns about his recent tweet, which I think he took to heart.” That doesn’t sound like someone who wants to keep Ye canceled.

It is perhaps telling that Parlement’s release says Ye’s purchase “will assure Parler a future role in creating an uncancelable ecosystem where all voices are welcome.” Given that the company just announced a $16 million Series B round at the same time as its Dynascale buy, it sounds a lot like its cloud pivot left the less-than-popular social network ripe for dumping, and Parlement just found the right scorned billionaire to pick it up—a deal no doubt aided by the fact that close Ye pal (and fellow “White Lives Matter” shirt wearer) Candace Owens is married to Farmer.

Good news for Parlement—but maybe not so much for Ye, who should perhaps have considered setting up a personal blog instead.

Got some feedback for today’s Data Sheet? Let me know here.

David Meyer

NEWSWORTHY

Algorithms are pushing up rents. A hair-raising piece from ProPublica describes how landlords across the U.S. are using a data analytics service called RealPage to jack up rents. The company’s pricing software does its thing partly by analyzing private information on nearby competitors’ rents—and if that looks to you like cartel-ish behavior, you’re not the only one. From the piece: “At a minimum, critics said, the software’s algorithm may be artificially inflating rents and stifling competition.”

Google’s European rivals still aren’t happy with how their price-comparison services are showing up in the Alphabet unit’s search results. Five years after the European Commission ordered Google to stop unduly favoring its own comparison shopping services in its listings (and fined it $2.8 billion for its misdeeds), the likes of Kelkoo and PriceRunner say they’re not seeing the benefits from the changes Google made. They argue that the commission needs to revisit the matter armed with its tough new antitrust rules, once those come into force in May next year.

IN CASE YOU MISSED IT

Mark Zuckerberg’s metaverse is getting slammed in internal documents: ‘An empty world is a sad world,’ by Steve Mollman

Xi sticks to his script in address to congress: Economic development, ‘common prosperity,’ and self-reliance in technology, by Bloomberg

Mark Zuckerberg and Brian Chesky define the post-pandemic CEO culture split: What kind of boss do you work for? by Hillary Hoffower

Goodbye, lightning charger. Hello, USB-C. The EU is forcing Google and Apple to adopt a universal charger, likely setting a new global standard, by Vivienne Walt

Elon Musk retreats from demand for help with funding Starlink in Ukraine, by Bloomberg

This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

NewslettersCIO Intelligence
The ROI for AI isn’t one-size-fits-all, says data storage CTO
By John KellMarch 25, 2026
7 hours ago
NewslettersMPW Daily
Alix Earle knows exactly how to launch a brand in 2026
By Emma HinchliffeMarch 25, 2026
9 hours ago
A detailed representation of a robotic hand interacting with an AI interface, showcasing vibrant data visualizations and modern technological advancements in a digital workspace.
NewslettersCFO Daily
AI robots could cost $13,000 by 2035: Here’s what that means for CFOs
By Sheryl EstradaMarch 25, 2026
13 hours ago
NewslettersTerm Sheet
The growing problem of ‘tech addiction’ spawns a new detox economy
By Allie GarfinkleMarch 25, 2026
14 hours ago
America’s largest Medicaid insurer is making a move into building affordable housing, Centene CEO Sarah London announced at Fortune's Brainstorm Health conference in Dana Point, Calif., on Monday, May 20, 2024.
NewslettersCEO Daily
The youngest-ever female Fortune 500 CEO is reinventing the largest Medicaid insurer amid funding cuts and rising costs
By Diane BradyMarch 25, 2026
14 hours ago
NewslettersFortune Tech
AI plot twist: Why did OpenAI kill its Sora video star?
By Alexei OreskovicMarch 25, 2026
15 hours ago

Most Popular

Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
2 days ago
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
2 days ago
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Fortune EditorsMarch 24, 2026
1 day ago
Success
The job market is so bad that ‘reverse recruiters’ are charging $1,500 a month just to help people look for jobs
By Fortune EditorsMarch 25, 2026
17 hours ago
Energy
Nobel laureate Paul Krugman calls it 'treason': $580 million in suspicious oil futures traded minutes before Trump's Iran reversal
By Fortune EditorsMarch 24, 2026
1 day ago
Success
JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it's for employee well-being
By Fortune EditorsMarch 24, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.