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Kanye West agrees to buy social network Parler
by AFP Staff Writers
New York (AFP) Oct 17, 2022

Social network Parler said Monday that Kanye West announced his intention to buy the platform, which has gained popularity among US conservatives.

"In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves," the rapper and fashion mogul, who is now known as Ye, said in Parler's statement.

The value of the deal, which is expected to close in the fourth quarter of 2022, was not disclosed.

Earlier in October, Instagram and Twitter restricted West's accounts over posts slammed as anti-Semitic.

George Farmer, Parler's executive director, said the deal will "change the way the world thinks about free speech."

"Ye is making a groundbreaking move into the free speech media space and will never have to fear being removed from social media again," he said.

Launched in 2018, Parler became a haven for supporters of former US president Donald Trump and far-right users who say they have been censored by other social media platforms such as Twitter.

But Parler was pulled from the Apple and Google online marketplaces and effectively shut down when Amazon Web Services cut ties over allegations the platform failed to stop incitement of violence ahead of the January 6, 2021, siege of the US Capitol.

Last month, Google allowed Parler back into its Play Store, more than a year after banning the platform.

The network describes itself as "a guiding force in the fight against Big Tech, Big Government, censorship, and cancel culture."


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India's Infosys plans $1 bn buyback on strong profits
Mumbai (AFP) Oct 13, 2022
Indian outsourcing behemoth Infosys approved a $1 billion share buyback on Thursday after strong quarterly profits that reflected sustained demand for digital services. Tech companies have benefited from higher digital services demand since the pandemic, and India's second-largest IT company has kept a robust balance sheet despite labour competition driving up sector salaries. Net profit rose 11 percent year-on-year to 60.21 billion rupees ($731.4 million) in the September quarter. Revenues ... read more

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