Ye will not be the new owner of Parler

Kanye West, now legally known as Ye, wears a Balenciaga mouthguard during Paris Fashion Week. | Photo by Edward Berthelot/GC Images

Kanye West, now legally known as Ye, will no longer be purchasing Parler, the platform's parent company confirmed on Thursday.

The announcement came shortly after Ye went on an antisemitic rant while appearing on conspiracy theorist Alex Jones' Infowars program on Thursday. Despite the timing, Parler's corporate owner, Parlement Technologies, claims that the two parties agreed to terminate the deal last month.

Parlement Technologies has confirmed that the company has mutually agreed with Ye to terminate the intent of sale of Parler. This decision was made in the interest of both parties in mid-November," a company spokesperson said in a statement Thursday.

Ye first announced his intent to purchase the social media platform in October...

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